AMP 0.53% $1.90 amp limited

Watch out for a possible rights issue!

  1. 10,543 Posts.
    lightbulb Created with Sketch. 2
    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 ! $6.529B
Open High Low Value Volume
$1.89 $1.91 $1.88 $9.659M 5.096M

Buyers (Bids)

No. Vol. Price($)
10 368427 $1.90

Sellers (Offers)

Price($) Vol. No.
$1.91 763669 15
View Market Depth
Last trade - 16.10pm 10/12/2019 (20 minute delay) ?
0.010 ( 0.01 %)
Open High Low Volume
$1.90 $1.91 $1.88 1291807
Last updated 16.10pm 10/12/2019 (live) ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.