The outperformance possibility does seem to be poorly justified and the risks not well explained. I am ok with accepting that AMP may be fair value as I hold it and do not want to see it get worse.
As for a short term - 30 day win - not good when you lose a few percent on day one!
I wonder how much Morgan Stanley hold?
On the Royal Commission - it is not about it recommending the end of vertical integration. It is whether the economics of vertical integration that have benefited the AMP will continue. They will not. They are refunding money from the past. They will be reducing fees. Profit is going down. That is why it has been revalued down by $6 billion. It is not about all the noise.
Oh BarnArse - people just don’t like to hear the sad reality. Value has been lost. If it was there, it is not coming back.
The outperformance possibility does seem to be poorly justified...
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Last
$1.28 |
Change
0.005(0.39%) |
Mkt cap ! $3.324B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.29 | $1.26 | $18.48M | 14.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112789 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 15564 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AMP (ASX) Chart |