AMP 5.29% $1.99 amp limited

todays closing price, page-2

  1. 4,351 Posts.
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    I don't believe AMP will be around in its current form in 12 months, let alone 5 years. If you believe the rumblings that are now doing the market, a takeover by 1 of the big 4 banks is now imminent.

    A number of years ago Lend Lease looked at AMP to roll in with its MLC business unit. Now Lend Lease is a mere shell of its former self, and MLC has found a new home with the NAB. Ironically, the AMP and MLC businesses may ultimately co-exist under the same roof - just not under the Lend Lease banner!!

    Yesterdays late afternoon buying could be part of an initial accumulation campaign, whilst prices are at well below the break-up value of AMP.

    It's good buying at the moment!!!
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