AMPhave been found guilty and therefore there is contingent liability which mustbe disclosed under stock exchange rules. The only thingunknown at this stage is the amount and given AMP will have the draftorders prepared by Corrs Chambers Westgarth they will know what the worst-casescenario looks like, and it is this number I assume they are required toreport.
If AMPdoesn’t disclose the full amount of the liability (the amount Corrs Chambers Westgarth isasking for on behalf of the Class) they will be accused of misleading themarket.
Are AMPSTUPID enough to make a bad situation worse?
AMP’s 1H 23 Results AMP willannounce its 1H 23 results tomorrow 10 August 2023. An analyst briefingwith CEO Alexis George and CFO Blair Vernon, starting at 11.00am, can be viewed(listen only) via webcast at:
Webcasts & presentations (amp.com.au)
JUDGEMENT DAY
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.10 |
Change
-0.013(1.13%) |
Mkt cap ! $2.961B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.09 | $2.231M | 2.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 284454 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 258729 | 42 |
View Market Depth
| Last trade - 15.21pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.10 |
Change
-0.013 ( 0.70 %) |
||||
| Open | High | Low | Volume | ||
| $1.10 | $1.11 | $1.10 | 555693 | ||
| Last updated 15.41pm 13/05/2024 ? | |||||
| AMP (ASX) Chart |