Will you “catch a falling knife” with AMP?

Co-founder of the Switzer Super Report
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At around $2.50 per share, many value investors will have been tempted to have a nibble (or a mouthful) of AMP. It wasn’t that long ago that this supposed blue-chip company was trading at $5.47 (it peaked in March just six days before the first round of public hearings at the Royal Commission).

The question is this: is AMP a buying opportunity now, or will you just “catch a falling knife”? Here is what I think.

The latest dip

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