If you bough when it was between 7$ to 8$, great hold it. If you have bough when it was slowly recovering from from 10$ to 13$ short it!
Flight Centre will still get a lot of restrictions due to Corona Virus and it will go even lower for a certain period of time, people were dismissed, they will have to hire them again, pay a lot of taxes and etc and etc. It will recover very slowly.
You can expect to make profits from middle of next year with Flight Centre. Borders will be opened, Covid-19 spreading controlled, then people will begin to travel and spend their savings. For now, if I was you I would sell it and invest on new opportunities.
There are many at this moment.
I have sold my FLT shares, then I invested on Afterpay when it was $7x. I am not an expert, but my decisions have surprisingly been giving me some profits.
Ann: FLT FY20 FULL YEAR RESULTS PRESENTATION, page-17
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