Unhappy anniversary
Article Abstract:
AMP has not met expectations since it became a publicly listed stock company. The 150-year old AMP has 1.7 mil shareholders and left the insular world of mutuality in 1998. However, it has performed worse than many other stocks. Reasons may include the managerial style of its managing director George Trumbull and an ill-advised takeover of GIO. A more substantial reason may be initial price offerings were too high.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Out of the ordinaries
Article Abstract:
There is dispute over the use of the All Ordinaries Index in the newly listed Australian stock Exchange (ASX). It is prioritizing profits in its choice of companies for the index and planning to charge companies for using it. Small investors see a potential conflict of interests if the ASX continues to focus on shareholders interest.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1998
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Lock, stock and over a barrel
Article Abstract:
Issues concerning the management and strategic planning of the Australian Stock Exchange (ASX) are discussed. The details of ASX's bid to merge with the Sydney Futures Exchange and possible rivalry within the securities exchange industry are explored.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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