These guys appear to have put some marshmallows on the end of their pitchforks (for now).
Nothing massive in the short video that isn't already known but it appears that they're coming round.......
https://www.livewiremarkets.com/wires/why-we-invested-in-ampEXPERT INSIGHTS
When you invest in a business like AMP, nobody stops you in the street to tell you what a great investment it is. While the businesses that AMP run may not look very appealing, Simon Mawhinney, Chief Investment Officer at Allan Gray Australia, says it’s the price that you pay for those businesses that looks reasonably appealing.
“You don’t pay very much for the nasty part [of AMP’s businesses]. It may end up not having a particularly bright future, but if you’re not paying for it, you should be agnostic…”
But despite all the well-publicised problems, there are some potential bright spots for the company. Get Simon’s take on why he sees long-term value in AMP in today’s video below, as well as Tim Hillier's thoughts on why AMP could be significantly underpriced.
Time to vote!, page-38
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Last
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.09 | $7.936M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28889 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 1633801 | 41 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |