AMP 1.34% $1.85 amp limited

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  1. 6,975 Posts.
    Alpha,

    AMP is to pump in $140m (at least I think that was the number I heard on the news - anyhow it was big) to Pearl Assurance to restore its capital adequacy so yes AMP may need to raise some funds. They may need to raise some more if the FTSE goes below 3700 (curently 3800odd) cos the capital adequacy will then be under water again.

 
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