I hope you're right on this but I'd suggest that there is no way that this will happen. AMP isnt just a case of getting an improved PE out of the current dividends. The problem with AMP is that there are some major regulatory issues and what looks like a declining revenue base.
AMP takeover target, page-15
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Last
$1.31 |
Change
0.013(0.96%) |
Mkt cap ! $3.408B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.32 | $1.30 | $4.286M | 3.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 261704 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 394854 | 65 |
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| Last trade - 13.48pm 20/08/2024 (20 minute delay) ? |
| AMP (ASX) Chart |