Correct, but from market cap point of view only.
The difference is FLT is now a much leaner (significantly less shop fronts, staff and expenses) than the pre-Covid level. Thus, if revenue is (eventually) anywhere close to pre-Covid level, you could only imagine the profit.
In my opinion, with the help of vaccines and a bulging worldwide pent-up demand, it's not going to be long before it becomes reality.
I think the market and institutional shareholders understand this.
Correct, but from market cap point of view only.The difference...
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Last
$21.21 |
Change
0.020(0.09%) |
Mkt cap ! $4.686B | |||
| Open | High | Low | Value | Volume |
| $21.22 | $21.29 | $21.05 | $13.54M | 639.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6614 | $21.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.22 | 565 | 1 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$21.26 |
Change
0.020 ( 0.18 %) |
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| Open | High | Low | Volume | ||
| $21.18 | $21.29 | $21.05 | 791648 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| FLT (ASX) Chart |