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Possible takeover by Macquarie Bank, page-122

  1. HAC30
    5,633 Posts.
    lightbulb Created with Sketch. 479
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    19/03/19
    08:56
    Post #: 37805203
    Reasonable figured for AMPCI and AMP Bank I think.

    Wealth will become obselete over time though once these RC recommendations go into force. Earnings will continue to trend down. BOLRs will be exercised etc.

    Bull case is that they can flog capital and bank for price higher than 12x earnings. Not impossible. They will be stuck with the basket case that is wealth IMO.
    AMP Price at posting: $2.28 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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