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