I think it is utterly fanciful as well. How did they arrive at these valuations?I am not sure that the idea was to sell it all off was it? I though it was to sell to market as separate listed entities in the same way that Landmark is hiving off Coles.
I looked at these figures for a long time and couldn't work out what the hell they were talking about. It's as if by hiving off chunks of the business into a new entity they will magically fix all of the problems that they currently have. I mean, on what planet is the AMP loss making insurance disaster worth anything other than walk away value? I understand that the higher growth components are being dragged down by the multiple applied to the entire group but there is a reason for this. I'd say one more bombshell will see this stock go sub $3
- Forums
- ASX - By Stock
- AMP
- Are AMP shares about to Rally?
Are AMP shares about to Rally?, page-27
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMP (ASX) to my watchlist
|
|||||
Last
$1.10 |
Change
0.023(2.08%) |
Mkt cap ! $2.887B |
Open | High | Low | Value | Volume |
$1.09 | $1.11 | $1.08 | $10.66M | 9.689M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 247279 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 901239 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 556183 | 1.100 |
26 | 535708 | 1.095 |
21 | 510197 | 1.090 |
10 | 246861 | 1.085 |
8 | 596113 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.105 | 421502 | 22 |
1.110 | 1262502 | 44 |
1.115 | 624203 | 24 |
1.120 | 686601 | 50 |
1.125 | 680082 | 10 |
Last trade - 13.34pm 24/06/2024 (20 minute delay) ? |
Featured News
AMP (ASX) Chart |