Alpha,
You are absolutely correct. In fact the UK operation of AMP is now a cancer to the organisation. I don't know the FTSE level but I would guess at some level additional capital will be required. The trough at which AMP seeks equity is not bottomless.
This is a very sick company while global equity prices continue to go lower.
Don't punt on a rescue by the NAB!!, page-2
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Last
$1.35 |
Change
0.030(2.27%) |
Mkt cap ! $3.394B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.33 | $3.140M | 2.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 307640 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 259088 | 49 |
View Market Depth
| Last trade - 13.00pm 15/10/2024 (20 minute delay) ? |
| AMP (ASX) Chart |