Uncertainty is the name of Trading so it is part of Market DNA.
I am not brave enough to short AMP and my instinct tells me to go long and have built only 10% of my AMP capital allocation and will go very very hard when the Price action tells me so and it may take weeks or months.
What they do or what analysts say or how they are going to re build the business is of little interest to me and but Share Price and Momentum is the only TRUTH I see and believe in.
Still nice to see though that most brokers valuation are way above 3 and only one Broker Bell Potters have a valuation under 3 but the truth is, no one knows unless they can see the future.
Deep value play, page-63
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 (20min delay)
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Last
$1.52 |
Change
0.015(1.00%) |
Mkt cap ! $3.848B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.52 | $1.49 | $8.267M | 5.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 84004 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 37586 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |