Company is a falling knife with over 3bn SOI essentially a lot of OP here are holding -50% bags or worse - they are desperate to get some of their losses back but the fact is this is going to keep sinking.
If AMP needs to 'capital' raise to fund the de-merger then current holders will be in ALOT of pain - i do think it is a Hold but to be buying now is pretty insane
DYOR
AMP | OBSERVATIONS, page-73
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Last
$1.13 |
Change
0.005(0.45%) |
Mkt cap ! $2.921B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.12 | $5.227M | 4.650M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60562 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 68371 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |