AMP 0.45% $1.11 amp limited

The Last low of mar 09 was approx 3.60 and by oct 09 the high...

  1. 510 Posts.

    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
 
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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