AMP 3.02% $1.20 amp limited

Watch out for a possible rights issue!

  1. 10,543 Posts.
    lightbulb Created with Sketch. 3
    Whilst AMP is looking pretty cheap at the moment there was a strong rumour doing the rounds on Friday that if the FTSE doesn't get back above 4000 fast then AMP will likely move to implement a rights issue and we all know what effect THAT has on a companies share price.

    Make no mistake, AMP is hurting badly in the UK and further requirements to inject equity into the UK businesses may cause pressure on AMP's ratings through S&P etc. So far from going up there looks to be far more risk of surprises to the downside.

    Disclaimer - I currently do not hold AMP.
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
Mkt cap ! $4.106B
Open High Low Value Volume
$1.16 $1.20 $1.16 $21.77M 18.39M

Buyers (Bids)

No. Vol. Price($)
1 36741 $1.20

Sellers (Offers)

Price($) Vol. No.
$1.20 859225 34
View Market Depth
Last trade - 16.10pm 25/06/2021 (20 minute delay) ?
0.035 ( 3.25 %)
Open High Low Volume
$1.16 $1.20 $1.16 4655641
Last updated 15.59pm 25/06/2021 (live) ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.