"Would AMP and CGF be good together as they are both...

  1. 17,750 Posts.
    lightbulb Created with Sketch. 9047
    "Would AMP and CGF be good together as they are both concentrating on retirement type products a lot?"

    In a phrase: That ain't happening.

    Speaking as an AMP shareholder, the AMP board has a clear and single mandate, namely to shrink the company to greatness - nothing else. Any AMP director who so much as whispers, "acquisition" today, will be summarily hung, drawn and quartered.

    As for CGF taking a tilt at AMP: similarly, the CGF directors would have their derrieres handed to them on a platter by the market if they contemplated such a stunt. After all, CGF has plenty of organic growth runway; it doesn't have to acquire growth (especially not when it comes to having to contemplate paying a change of control premium on an enterprise over which it would be impossible to conduct thorough due diligence.

    .
 
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(20min delay)
Last
$8.02
Change
0.010(0.12%)
Mkt cap ! $5.544B
Open High Low Value Volume
$8.06 $8.17 $8.01 $29.53M 3.675M

Buyers (Bids)

No. Vol. Price($)
4 33938 $8.02
 

Sellers (Offers)

Price($) Vol. No.
$8.08 5000 1
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
CGF (ASX) Chart
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