The Australian Competition & Consumer Commission are said to have blocked NAB's high cash or scrip proffer for the Company, following which AXA SA which is APH's French parent has out forth an invitation for the bidders.

There is a chance that the AMP can still have a very profitable second year, as it was successful in coming at par with the NAB's $13.3 billion offer for AXA Asia Pacific.

While the experts did not expect big four banks to go against ACCC's decision in the courts and challenge it, they had predicted and anticipated that the bank would carry on and look forward towards growth subsequent to the addition of more advisers to its wealth businesses Avica and MLC.

The sources believe that AMP will first wait for the NAB to make formal exit and would then make a comeback, though it still continues to be too attractive with its accurate price label.

As a result of the fall in share price by as much as $5, the value put forth by AMP worth $1.92 cash and 0.6896 shares is said to have reached $5.37.

"We see another AMP bid for APH as imminent, with the acquisition continuing to make strategic sense for AMP. We believe a frustrated Axa SA will look to reopen negotiations with AMP”, said Royal Bank of Scotland analyst Richard Coles.