AMP 1.97% $1.16 amp limited

so AMP have reduced their fee by about 18%, and therefore...

  1. 3,679 Posts.
    lightbulb Created with Sketch. 609
    so AMP have reduced their fee by about 18%, and therefore probably their profit by about 30% on what was one of their most profitable bits of business.

    It is a move that makes good sense in terms of protecting the business from being taken over. But I do not see how it is a show of strength. It a loss of profits that will a sale less attractive.
 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
Last
$1.16
Change
0.023(1.97%)
Mkt cap ! $2.973B
Open High Low Value Volume
$1.14 $1.17 $1.14 $4.464M 3.868M

Buyers (Bids)

No. Vol. Price($)
24 186436 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.17 222501 23
View Market Depth
Last trade - 12.49pm 31/07/2024 (20 minute delay) ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.