Most people here are already holding MASSIVE bags dont want them to feel worse, but point is taken
I think ill put 'sentiment' as 'sell' becuz i am bearish on the companies short term and medium term future but long term it is a hold as far as i can tell.
If they CR then i think all the 'current' holders will be 'crying' - i'd say there is a 50/50 chance as a CR considering there is already over 3bn SOI i cant see it head back over $1.5 in the next 12 months but perhaps in 3 years.
I dont know how anyone can think AMP is worth its current market cap with earnings 177m and a tread to declining revenue becoming a worrying pattern. Current P.E according to Yahoo Finance is just over 27 - compare that to a better performing financial intuition like CBA which is 17
Honestly can see AMP getting 75cents in the next few months - i just dont know where the 'buy pressure' will come from as the company has nothing going for it and an overall poor outlook. There is also far safe opportunities on the market.
If we do have a correction and or CR AMP will be hit hard
DYOR - this isnt FA
AMP | OBSERVATIONS, page-76
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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 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |