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.
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Last
$1.32 |
Change
0.013(0.95%) |
Mkt cap ! $3.421B |
Open | High | Low | Value | Volume |
$1.32 | $1.33 | $1.31 | $5.263M | 4.116M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 374484 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 440563 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 377389 | 1.320 |
25 | 305319 | 1.315 |
26 | 572491 | 1.310 |
16 | 422723 | 1.305 |
13 | 151871 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 385205 | 47 |
1.330 | 944007 | 45 |
1.335 | 653448 | 24 |
1.340 | 465982 | 29 |
1.345 | 510207 | 17 |
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