jacob
you wrote:
"I remember NAB did a due diligence on AMP and offered $21 to take them over. AMP refused categorically, emphasising that the company worth much more than that."
The scary thing about that is that the guys who did the due diligence were probably earning 200-300 thousand per year and the guys who knocked it back were probably on the same level.
Apart from that - I agree it's a buy for a long term hold - perfect for a super fund, just like QBE
regards
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jacobyou wrote:"I remember NAB did a due diligence on AMP and...
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