AMP 1.35% $1.10 amp limited

Forget about CBA looking at AMP.....they got enough problems...

  1. 868 Posts.
    Forget about CBA looking at AMP.....they got enough problems with CFS.
    Only NAB will make a bid.....as the price sinks, the odds of this shorten. However, Cicutto & Co. are not dummies....they are worried about any hidden "surprises" AMP has, particularly in their wealth mgt. sectors.
    I have a bad feeling that not only AMP, but other finance/banking/insurance companies have hidden skeletons regarding their investment portfolios (not to mention the Super funds).
    Should be an interesting reporting season coming up.
    CHEERS
 
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