You make some interesting points there. I actually don't think that the life insurance business has any value at all. Would you pay good money for a loss making business? I dont think the life business represents half the value and whats left is worth $1.50, I think that the whole mess will only be worth $1.50 once the regulatory disaster becomes evident and we start to see the impact that this has upon revenues.
AMP takeover target, page-14
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Last
$1.15 |
Change
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Mkt cap ! $2.986B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.15 | $1.12 | $6.063M | 5.408M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 75348 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 482469 | 19 |
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| AMP (ASX) Chart |