AMP 0.75% $1.32 amp limited

You think you are stating the facts. AMP SP by the end of the...

  1. 712 Posts.
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    You think you are stating the facts. AMP SP by the end of the year at $1-00 is not a fact. The facts do not point to it. You are making this conjecture. Dont kid yourself about the facts.

    I think opinions on what is happening are important. After all no one except a select few only know what the near future holds for AMP. No doubt the company, the board, and the CEO have stuffed up. I agree with you here, no doubt the SP is lower than when CEO was appointed, Chairwoman was appointed, and proposed takeover announced. But there are limits. A lot of newbie investors sell out after a SP has taken a hammering, with the thought that the SP will just keep going like a stone, and its better to get something rather than nothing. Then they commiserate themselves with a learnt lesson, hate the sharemarket, wont do that again etc etc. But the reality is there is value in AMP, at double the $1-00 you feel is the target.

    Only time will tell, and it wont be long. I am a buy for the moment. Anything over $1.50 is a hold.
 
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$1.32
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$1.32 $1.34 $1.31 $7.105M 5.379M

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No. Vol. Price($)
5 24539 $1.32
 

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Price($) Vol. No.
$1.32 33331 2
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