No offence taken re lady CEO's.
Bottom line here is that AMP have ponied up their best and brightest at a press conference to announce their next big thing to disrupt the SME banking sector and have written off in excess of $300m market cap in the process of doing so.
Just quite amazing. - some of their comments are laughable
AMP - we want to be agile and make quick decisions - Yeah - but it has taken you 9-12 months to come to this decision and now we need to wait until 2027 before it goes live - how agile is that? lol
Analyst Question - but their are other alternates that do what the new platform do with reduced cost and improved speed to market- Yes - but not with such a full feature set - lol.
It is just amazing that I am sure the AMP execs expected this to be a very favourable announcement/presentation and look what has happened.
No offence taken re lady CEO's.Bottom line here is that AMP have...
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Mkt cap ! $2.988B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.09 | $6.539M | 5.903M |
Buyers (Bids)
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| 3 | 215332 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.11 | 100334 | 12 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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| $1.10 | $1.11 | $1.10 | 768417 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| AMP (ASX) Chart |