A week ago i thought too many didn't understand the recent announcement and we were in for a slow grind to $2. Now? I see AMP at $2.25-$2.50 fair value - i have stated this opinion many times - and >$2.50 post life sale which looks like it is coming in the next few months.
AMP Capital is a beast. AMP Bank has invested to 'enable scaling'. And AMP Wealth is displaying tentative signs it has turned a corner. I suspect these three should combine and play-out in the coming 12 months in a complementary manner.
AMP Price at posting:
$2.06 Sentiment: Buy Disclosure: Held
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