The Last low of mar 09 was approx 3.60 and by oct 09 the high was approx 7.00 .
With the market offering great buying current and the potential of rate cuts ,AMP looks like a relatively low risk buy.
Lots of doom and gloom around ,but the way i see it is that a lot of companies have re capitalised their balance sheets and sitting quiet nicely for a rebound.
Should see a bit of that sidelined cash being deployed by fund managers and retail investors like me.
Ten year trend line from lows offering good support.
Time will tell, anyway i got my fill. Good luck and DYOR
dump has begun next target 350, page-8
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Last
$1.12 |
Change
0.003(0.22%) |
Mkt cap ! $2.921B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.12 | $3.198M | 2.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 263111 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 329760 | 41 |
View Market Depth
| Last trade - 14.56pm 12/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |