Not surprising really. IMO Amp is undervalued and could be north...

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    Not surprising really. IMO Amp is undervalued and could be north of $8 over the next 18/24 months if current management just consistently delivering in a similar vein to what they have reported over the last 6 months and also deliver the cost savings that has been promised. Paying a 26% takeover premium to today's prices would still be a good deal taking a 2 year view. If they sold amp's mortgage book and distributed other parties mortgages only then the deal would just get better IMO.
 
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