AMP 0.00% $1.14 amp limited

to go under $7.00 this week, page-14

  1. 5,822 Posts.
    Hmmm... this debacle is far from over.

    AMP's UK financial services business, excluding
    Henderson, is in the books at a staggering $7.9 billion and its market value would be a fraction of that.

    It has been reported by many including AFR that these could be worth zilcho ...

    Yesterday's report includes a write-down of around $1.5billion which could be just the beginning ... especially if the FTSE continues to fall.

    Andrew Mohl therefore is involved in all manner of mental gymnastics presently to find a way out ...

    Those SHORT are nicely in the green and more to come ... tight stops.

    Cheers ...


    This is only my view ... read the red stuff.

 
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