Anyone who claims they know more than below is FOS. I see this story as an improving one that will deliver significant value uplift when positive cashflows are reported in FY23.Australian Wealth Management
- Australian Wealth Management AUM decreased A$5.8 billion to A$136.5 billion during Q1 22, reflecting lower investment markets and net cash outflows.
- Net cash outflows of A$1.3 billion at Q1 22 improved from A$2.0 billion net cash outflows in Q1 21.
- North EFA inflows of A$342 million, up 53 per cent on Q1 21.
- While underlying cashflow trends continue to improve, the conclusion of AMP’s mandate as Woolworths’ corporate super provider is expected in 1H 23, and will generate an additional one-off impact of approximately A$4 billion in cash outflows. The exit of the mandate is not expected to have a material impact on profitability.
AMP Advice and Wealth, page-263
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Last
$1.08 |
Change
0.010(0.94%) |
Mkt cap ! $2.914B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.09 | $1.07 | $7.879M | 7.317M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 10 | 227189 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.08 | 152291 | 3 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.08 |
Change
0.010 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $1.07 | $1.09 | $1.07 | 1501157 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
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