AMP 0.00% $1.10 amp limited

AMP time to buy, page-56

  1. 7,284 Posts.
    lightbulb Created with Sketch. 1069
    Suggest people go back to half year report
    wealth protection $1m
    Australian nature $70 m


    total business units $503

    mature and protection sold for $3b
    20% of the business

    one way to think about this multiply $3b *5 = $15b
    less debt

    and compare it to current market cap of amp

    hopefully AMP will have another capitulation dive on Monday.

    I would like to pick up another decent position around $2.10-$2.2
    this would see AMP market cap down at around $6.3 billion

    a remarkable opportunity

    buy when there is blood on the streets
 
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