FLT 1.57% $21.95 flight centre travel group limited

FLT - Hold or Sell, page-11

  1. 204 Posts.
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    $15? a bit of rubbish Steve since everything is extremely uncertain.

    I dunno about $2 price fall. However, we know that FLT is going to raise cash but at what price? We know that they want to do it at $7.2 as per last announcement.

    this means share dilution and which will overall bring the SP down. I would at least look at what they're going to be selling new shares at that price of 7.2 and base it around that over the coming months.

    remember; this is going to last at least 6 months. This isn't fear mongerING. It's fact, even acknowledged by our country leaders.

    even if we hide away for a while and re-emerge, this virus will eventually flare up again if not for a vaccine.

    with tough restrictions in place, a plane flying to China for a holiday or vice versa will be the last border unblocked without quarantines. Purely because everyone is blaming China at the moment.
 
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