Citi says...
Investment bank Citi Research has a different idea, suggesting a tie-up with Macquarie Group could be a compelling alternative.
“We see a tie-up with Macquarie as having potential to 1) create more value, 2) accelerate shareholder returns and 3) allow AMP to control its destiny,” Citi said in a report on Monday.
“In time, we estimate this could produce a stretch valuation closer to about $7 billion ($2.10 per share).”
Hidden Gem under AMP - Not well known, page-40
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Last
$1.34 |
Change
0.005(0.37%) |
Mkt cap ! $3.457B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.35 | $1.33 | $7.613M | 5.692M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 86588 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |