I'm only going on what I read in the paper. If AMP has 1.2million shares and somebody values them at $6.20 per share, then you work out what the company is valued at.
My feeling is that once AMP splits into the Aussie part and the other loss-making image-destroying part, everyone will sell the other shares for bugger-all, and then approach the Aussie part with a new attitude.
The trick is to recognise when the sum total of the two has been sold down too far. Realistically, even though their name is currently mud, I suspect they have finally bitten the bullet and we have seen the worst of the bad news.
Mind you... I could be wrong. I thought I was wrong once before, but I made a mistake.
I'm only going on what I read in the paper. If AMP has...
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Last
$1.11 |
Change
-0.010(0.89%) |
Mkt cap ! $2.913B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.13 | $1.09 | $11.97M | 10.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 86758 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 168106 | 5 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |