amp shares hold a net tangible asset of $6.54 per share, however the earning p/share is minus 78 cents - yet they pay a div. of 46 cents.
They'll have to make some adjustments to stop the bleeding, but if they scrap the divi - funds are likely to give them an even worse hiding.
Fundamentally I can't see them go up at the moment - but as we all know - the markets work in mysterious ways.
cheers,
Niche1.
amp shares hold a net tangible asset of $6.54 per share, however...
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Last
$1.34 |
Change
0.020(1.52%) |
Mkt cap ! $3.419B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.33 | $11.07M | 8.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29582 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 23354 | 2 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| AMP (ASX) Chart |