rcman - the capital raise is the $650m from institutional placement plus whatever they raise from existing shareholders at $1.50 or so. It is likely to. E a billion dollar raise.
As for strategy - what strategy? Sell the life business, raise a billion dollars and spend it on transforming the business.
AMP strategy, page-10
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$1.15 |
Change
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Mkt cap ! $2.986B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.14 | $7.705M | 6.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 162398 | $1.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 38201 | 7 |
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