panic over...... here comes the bounce., page-13

When AMP sells, you know a stock has hit rock bottom. I watched them buy mesoblast at $2.15 only to see them sell at 52c about 18 months later. The stock is now $7.50 some 18 months later. Is Macquarie still advising? I wonder how much they charged for this magnifiscent value destruction they have caused. Why not just do a 60c Renounceable rights issue when the stock was at 92c? There was no need to bring in Macquarie given they were probably acting for Leightons and used all their jokers for them!