AMP 2.82% $1.10 amp limited

Love it - Not Price Sensitive - yeah right!AMP is a cashed up...

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    Love it - Not Price Sensitive - yeah right!

    AMP is a cashed up infrastructure behemoth with a quality bank and investment arm - albeit treading water local wealth management arm. But in 7 days they will have some serious cash in their account which will keep growing with the anticipated sale of the NZ Wealth business.

    I am calling $2.40 in 4-8 weeks - global conditions allowing. And a return to dividends later this year. What do we think?
 
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
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