I suspect that without Collimate AMP can earn approx:
$200m in Wealth (Super, Platforms, Licence)
$50m in China
$40m in NZ
$150m in Bank
So call it $400m - ish.
And they can probably trade around 10x-12x that figure (provided they can demonstrate that these earnings are maintainable)
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I suspect that without Collimate AMP can earn approx:$200m in...
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