As disgusted as I am I am not selling. I think this bloke from Credit Suisse will pull these muppets into line and give whoever else needs their marching orders to go. I bought more at $3.40 a few months ago and I’m shocked. I thought a lot of the bad news was already in the share price and was not expecting to see $2.50. Market over cooked it today I think.
A heap of people sold but it always takes someone to buy. AMP will be sitting on a heap of cash soon enough. The question is how bad will outflows continue? Well things won’t get better till the RC is done and the press can F off and stop driving negative sentiment. This will take years to sort out but I think this De Ferrari fella will sort out and reshape AMP.
It was the perfect storm today with the market index and the news.
Deep value play, page-105
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Last
$1.11 |
Change
0.015(1.37%) |
Mkt cap ! $2.988B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.09 | $6.539M | 5.903M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 215332 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 100334 | 12 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.11 |
Change
0.015 ( 0.69 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.11 | $1.10 | 768417 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| AMP (ASX) Chart |