Agree. And with the government now forecasting a further one year of pain (for the travel industry) FLT will continue to bleed cash for yet another 12 months. If that ain't enough incentive for a Cap Raising, I am not sure what is!
They have to CR (or issue convertibles) soon. It would be crazy / stupid for Management to wait for the SP to hit $10 before doing this. Do it now, not later.
flight centre $15 party, page-767
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$19.82 |
Change
-0.360(1.78%) |
Mkt cap ! $4.380B | |||
| Open | High | Low | Value | Volume |
| $20.08 | $20.09 | $19.75 | $10.44M | 525.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 416 | $19.82 |
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| Price($) | Vol. | No. |
|---|---|---|
| $19.83 | 996 | 2 |
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