https://www.copyright link/business/banking-and-finance/amp-and-ioof-facing-2-billion-compensation-bill-blowout-20190123-h1adi5
Not a great piece to land pre-RC Final Report but it could be a clever bit of downramping by Macquarie should they wish to look at an acquisition of a player like an AMP or IOOF in the next 12-24 months once the dust has settled.
An additional $1.5B of remediation costs would be a disaster and would essentially guarantee that none of the c. $0.35-0.40 capital return from the sale of the life/mature business will find its way back to shareholders pockets.
https://www.copyright link/business/banking-and-finance/amp-and-ioof-fac...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.33 |
Change
0.008(0.57%) |
Mkt cap ! $3.355B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.34 | $1.32 | $1.409M | 1.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 244149 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 321246 | 19 |
View Market Depth
| Last trade - 12.23pm 07/10/2024 (20 minute delay) ? |
| AMP (ASX) Chart |