The pre-covid share price of around $40 is irrelevant now that there are about double the number of shares on issue!
A return to their pre-covid earnings “should” therefore see them back to around $20 imo, but do you really think that return to “normality” for the business will occur within 2 years...? Possibly... a looooong way to go though.
Good luck
The pre-covid share price of around $40 is irrelevant now that...
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Last
$20.60 |
Change
0.160(0.78%) |
Mkt cap ! $4.538B | |||
| Open | High | Low | Value | Volume |
| $20.40 | $20.64 | $20.38 | $4.449M | 216.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 487 | $20.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.60 | 1241 | 13 |
View Market Depth
| Last trade - 14.05pm 21/05/2024 (20 minute delay) ? |
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Last
$20.56 |
Change
0.160 ( 0.49 %) |
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| Open | High | Low | Volume | ||
| $20.44 | $20.63 | $20.39 | 46128 | ||
| Last updated 14.28pm 21/05/2024 ? | |||||
| FLT (ASX) Chart |