Treasure Chest: AMP

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?

Jefferies.

The subject:

AMP ((AMP)).

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.


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