Thanks for the link. Informative.
Graham said they have enough cash runway for up to 2 years through debts and capital raising. Very assuring.
Flight Centre is the largest and most dominant player in the travel sector. If any travel company could survive this pandemic it would be them. I'm almost certain in 12 months time an effective vaccine would have been developed and made available to the world's population. Then global/domestic corporate and holiday travel will resume albeit gradually.
The difference is Flight Centre will be a leaner company then. Perhaps with 3000 less full time staff.
It's share price prior to lockdown was around $40. I'll be more than happy to double my money in 2 years.
Thanks for the link. Informative.Graham said they have enough...
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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 | $13.54M | 639.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 6614 | $21.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $21.22 | 565 | 1 |
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| 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 ? | |||||
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