Hard to disagree. Aside from the AMP Capital business and AMP Bank, I am not sure where the value is. Essentially whatever those businesses are valued at is now what the business is worth. Wealth Management is a liability with BOLR and the platforms breakeven admin fee of 0.6% or so isn't competitive.
The insurance business could have at least perhaps made decent money in a rising bond yield environment.
News: AMP AMP To Sell Wealth Protection And Mature Businesses, page-59
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Last
$1.15 |
Change
0.000(0.00%) |
Mkt cap ! $2.986B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.15 | $1.12 | $6.063M | 5.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 75348 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 482469 | 19 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |