I wish this hadn't occurred, as I was supportive of the demerger however what's done is done.
I wish they'd put all the funds into a share buyback. We know that the market cap is going to drop so to protect holders reduce the number of shares on issue.
Seems logical to me.
Ann: AMP sells international infrastructure equity business, page-36
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Last
$1.32 |
Change
-0.010(0.75%) |
Mkt cap ! $3.392B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.34 | $1.31 | $7.105M | 5.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24539 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 33331 | 2 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |