Life business Sold for $3b, with 2.5B in cash and retained a 20% stake? In what world was this a bad sale. Delay, hmmmm COVID delayed the entire world, not only AMP
The sale of NZ Wealth was not integral, the sale of Life was.
The fact that AMP Board canned the sale due to lack of buyers (covid- hello), is a good sign that AMP is not desperate and can continue without the sale, meaning the sale was not an integral part of the 'reinvention strategy'.
Im loving the anticipation of the New AMP Capital Strategy.
Cannot wait to see the jewel that lies beneath. Bring on the separation of AMP Capital and listing......lets go baby
Life business Sold for $3b, with 2.5B in cash and retained a 20%...
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Last
$1.32 |
Change
0.005(0.38%) |
Mkt cap ! $3.368B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.33 | $1.31 | $20.75M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 207509 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 8013 | 1 |
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