the dividend was hinted to be 700 million from one the presentations. Don’t forget the sale complete some time in sept or October. The 700 million won’t be paid out the upcoming dividend run unless they release it as a special dividend.
with 1.5 billion cash holding, it will prob be used
to pay their corporate debt and any fines.
the firm is financially stable for sure.
the sentiment will change if there is a big cost cutting program. Since there are a lot of loss in revenue, it’s only logical to expect a cost reduction coming up soon.
Suplus Cash in AMP, page-4
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Last
$1.53 |
Change
0.010(0.66%) |
Mkt cap ! $3.860B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.55 | $1.52 | $15.80M | 10.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 80077 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 102476 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |