Why so? Each member of the CA is now entitled to loss and damages as well as compensation on BOLR valuations. This is not just a compensation ruling but a loss and damages as well.
Spin it however you need to Squizz. AMP Lost on all counts. No need to go down the unconscionable pathway as it was clear cut. The big component was the 13 month September 2020 lead period.
Bugger.
If youre wrong, its okay to say youre wrong. If you dont say youre wrong when you have been proven to be wrong- you look like a fool. What the total payout is will be determined when the full judgement is provided. AMP has the bucks to pay, but it's going to put a hole in your valuation metrics.
Why so? Each member of the CA is now entitled to loss and...
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Last
$1.07 |
Change
-0.010(0.93%) |
Mkt cap ! $2.867B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.06 | $11.65M | 10.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57831 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 9368 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
-0.010 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| $1.08 | $1.08 | $1.06 | 1926509 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| AMP (ASX) Chart |