AMP 1.37% $1.11 amp limited

Ann: AMP Limited provides Q1 24 cashflows and business update, page-3

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    So the good news is that AMP is inching ever closer to not having net outflows. And North is doing well.

    But the bank result is pretty poor. After claiming to have better than system growth over many quarters, we now see a result that shows almost one billion less in the loan book than last year. This has to mean they have something like 1,500 fewer customers than a year ago. The explanation provided does not stack up.
 
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