Correct me if I am wrong (as I often am). Institutions were asked to bid for a purchase price and funds were raised at $ 1.60. Shareholders were then offered shares at $ 1.60 (or lower dependamt on stock prices during a 5 day period). There has been no target set for sales to shareholders - hence no "overhang". In my opininio AMP has raised enough from institutions and offered shares to current shareholders to avoid any further backlash.
Ann: AMP Share Purchase Plan opens, page-51
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.50 |
Change
-0.020(1.32%) |
Mkt cap ! $3.791B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.49 | $5.749M | 3.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 91853 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 3298 | 1 |
View Market Depth
| Last trade - 15.59pm 14/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |