I think this confirmation that the business is back, in the business of making money, and it can definitely push this to $2.2. But i think we need the life-insurance arm sale to push this higher. That additional capital and re-positioning could very well push this back to $2.5-$2.8, or more. And if the RBA engages in QE, as largely expected by many economists, much, much higher (in time).
Ann: AMP Limited Q3 19 AUM and cashflows update, page-14
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