FMG performance is tethered to a spot price. The IO spot price bailed them out in their time of need/heavy debt.
AMP has no such spot price to fall back on, its not like the 'average financial planning fee' is going to triple like IO did.
How and Why AMP will recover from this and get back to $5 in a few years. No Astral., page-18
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Last
$1.15 |
Change
0.015(1.32%) |
Mkt cap ! $2.986B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.14 | $7.705M | 6.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 162398 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 38201 | 7 |
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| AMP (ASX) Chart |