What we have been told is that the company needs to be simplified. This involves selling off one third of the business by a board and management team that is accountable for the value loss led by an unelected chairman and other unelected directors who do not feel any need to let shareholders have a vote.
This can lead to further selling off of assets at a time when every else is dumping there’s. This could see some of them sell at at 60% to 80% of book value.
Given this as potential strategy, no need to improve business model. And reading this forum, many seem to hope that break up/sale is what happens.
What we have been told is that the company needs to be...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.06 |
Change
0.010(0.95%) |
Mkt cap ! $2.826B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.04 | $10.34M | 9.764M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 249192 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 372831 | 21 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |