That is a fair point from someone with a brand new account, but you're missing a glaringly obvious issue FLT has. Pre-covid, FLT was a good business. Post-Covid, every man and his dog will be booking flights and accommodation directly with the airlines and hotels purely for the fact that a refund is assured should a lockdown happen again.
Gone are the days of walking into a shopping center to speak to a lovely sales rep to book a holiday - not to mention alot of these outlets are now closed permanently.
Anyone thinking this is going back to pre-covid levels (regardless of stock dilution) needs to wake up and accept we are now living a changed world.
There will be thousands of people fanging for a holiday, but they'll be alot more cautious with how they book it.
FLT Price at posting:
$21.85 Sentiment: Sell Disclosure: Not Held
(20min delay)