spot on. the landscape has change for AMP .
massive write down to reflect this. and to think 4x should be maintained would be utterly negligent by the board and management.
Ferrrari has show astuteness and strenght in taking this on. i don't believe the advisers have a sound case....just like the advisers would be informing their clients to read the pds and contract so too time to read the adviser AMP contract.
anyhow the market has spoken on strategy, and 12% spike in share price says it all.
now give me those $1.60 share!
AMP strategy, page-86
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Last
$1.33 |
Change
0.000(0.00%) |
Mkt cap ! $3.418B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.33 | $1.31 | $7.566M | 5.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68936 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 83816 | 17 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |