FLT 2.44% $22.49 flight centre travel group limited

Equity raise process, page-34

  1. 3,367 Posts.
    lightbulb Created with Sketch. 623
    Brutal from those $50 highs to a $7.20 raise
    Companies should really plan for catastrophes
    Suddenly all those buy backs and what not don't look so smart
    Imagine a company with 12 months working capital locked away in an interest paying fund. Suspend dividends until this is funded this continue business. It's smart insurance. No one plans for the worst.
 
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