I suspect it is more a case of in a world of near record stock valuations the hunt for value is king. If most stocks are seen at/near peak, it stands to reason, to me at least, that a company with potential value - even with increased risks - would attract attention. Especially when the likes of Bell Potter jump on-board (did they say $2.25 current value?).
I think AMP has a case to make that it is a multi-year investment which can - all things going right - build investor value over time. This is a difficult case to make for a number of other ASX200 stocks. Just my reading of the current action.
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Last
$1.11 |
Change
-0.010(0.89%) |
Mkt cap ! $2.981B |
Open | High | Low | Value | Volume |
$1.12 | $1.12 | $1.11 | $1.425M | 1.282M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 272655 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.11 | 179445 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 276401 | 1.105 |
25 | 280054 | 1.100 |
24 | 277702 | 1.095 |
15 | 333692 | 1.090 |
7 | 554579 | 1.085 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 164194 | 33 |
1.115 | 265012 | 26 |
1.120 | 275241 | 18 |
1.125 | 263166 | 15 |
1.130 | 739549 | 21 |
Last trade - 11.09am 09/05/2024 (20 minute delay) ? |
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Last
$1.11 |
  |
Change
-0.010 ( 0.83 %) |
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Open | High | Low | Volume | ||
$1.12 | $1.12 | $1.11 | 408892 | ||
Last updated 11.27am 09/05/2024 ? |
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