AMP 0.47% $1.05 amp limited

I was reading in the paper earlier that in order to maintain the...

  1. 77 Posts.
    I was reading in the paper earlier that in order to maintain the regulatory minimum cash reserves in the falling market AMP had to sell lot of their shares in order to raise the necessary cash. So even if the FT index starts to rise it will not help them much because they had sold their shares at loss and do not have many left.
    Bohemian
 
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