The good thing about it you do not have to apply. There are many risks and uncertainties. That’s why you get the option to buy at $7.20. If travel was booming with no uncertainty you might be paying upward of $50 or $60. No getting round the fact that this will be a “conviction” buy for long term investors who believe that people will one day travel again.
Equity raise process, page-25
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Last
$22.08 |
Change
-0.485(2.15%) |
Mkt cap ! $4.964B | |||
| Open | High | Low | Value | Volume |
| $22.57 | $22.60 | $22.04 | $9.184M | 410.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1166 | $22.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.09 | 1382 | 15 |
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| FLT (ASX) Chart |