AMP has $3.6 Billion in Cash
Their Market Capital is $6.4 Billion
6.4 – 3.6 = $2.8 Billion
AMP Wealth + AMP Capital + AMP Bank = $2.8 Billion
FY 2019 AMP pulled in $464 Million
They also have a 20% stake in Resolution Life
Their current share price is $1.86
This seems incredibly ridiculous?
I agree, at this price, with this much cash and making this amount of money, if they are not taken over then something is wrong. I just hope the share price goes up a lot more before there is a takeover.
Buy Out, page-3
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Last
$1.32 |
Change
0.005(0.38%) |
Mkt cap ! $3.368B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.33 | $1.31 | $20.75M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 207509 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 8013 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AMP (ASX) Chart |