It gets up my nose when a supposedly venerable instio like the AMP behave as if they were a 500 buck mug punter. Ooops! I think I've made a mistake so I'll start dumping the lot and keep my fingers crossed it doesn't happen again! Although presumably somebody must have missed out on their yearly bonus. Those d/heads took an absolute bath on this. Almost forgot. Insider word - from somebody who works there - is that they will be fully up and running no later than February. Forget all that BS about April - its just senior management covering their backsides. I see this trading around 25 to 30c within three months.
RCY Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held