Alpha,
You are absolutely correct. In fact the UK operation of AMP is now a cancer to the organisation. I don't know the FTSE level but I would guess at some level additional capital will be required. The trough at which AMP seeks equity is not bottomless.
This is a very sick company while global equity prices continue to go lower.
Don't punt on a rescue by the NAB!!, page-2
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Last
$1.33 |
Change
0.010(0.76%) |
Mkt cap ! $3.405B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.34 | $1.32 | $1.384M | 1.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 92940 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 75274 | 19 |
View Market Depth
| Last trade - 10.40am 13/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |