Business
Can these fallen blue chip stocks rise twice? – Small Caps
The ASX is replete with hugely successful companies that not long ago were small caps, such as Afterpay (ASX: APT) and Fortescue Metals Group (ASX: FMG).
The ASX is replete with hugely successful companies that not long ago were small caps, such as Afterpay (ASX: APT) and Fortescue Metals Group (ASX: FMG).
Sadly, theres also the reverse: famous name blue chips that have fallen out of favour and have been unable to participate in the virile market recovery.
Takeover raiders have sniffed the blood in the water and have offered to put AMP (ASX: AMP) and Village Roadshow (ASX: VRL) out of their misery. But theres no guarantee the deals will complete.
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