Hi GDennis
Could not agree with you more.
AMP's price at the date of the announced acquisition was $6.80. Its been down hill ever since.
By far the biggest asset that we now have is Goodwill on Acquisition.
How they can carry this Goodwill is beyond me. AXA is delivering losses. How can we carry a goodwill? Isn't Goodwill meant to deliver profits?
Regards
Pear
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