AMP 0.38% $1.32 amp limited

Takeover speculation

  1. 1,419 Posts.
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    Never thought in my lifetime I'd have a chance to jump back into AMP at lower than $1.50. What a steal, especially given the move from circa 1.95 already factored in the possibility of a temporary profit-warning (due to covid-19 related factors).

    Bear in mind too the talk of a takeover just over a month ago. Macquarie, Blackrock or whoever else may have been interested would be extremely, and I mean extremely tempted right now.

    Hell if they came in at $2.25 it would still be a return of 66% for jumping in today!
 
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