Treasure Chest | Nov 02 2022
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is AMP.
Whose Idea Is It?
AMP shares reportedly joined the Australian Stock Exchange in 1998 at around $18.70 a piece but shareholders soon enjoyed a share price trading above $20. Early this year they traded at 85c, and closed yesterday at $1.26. That’s a 48% rally from the low, but hardly inspiring in the wider context.