Our Borders will be closed until there is a vaccine. People will not jump on a plane, ship etc out of fear of this virus spreading. The greatest depression the world has ever seen has started and will accelerate.
This business is a great business but there is nothing they can do in the current circumstances, I think they have alot further to fall and could go under $2 within 12 months.
My personal opinion is this market is not a buy and hold market, its a traders market who are making shit loads at the moment. Just look at the wild swings daily.
FLT - Hold or Sell, page-4
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Last
$20.43 |
Change
0.190(0.94%) |
Mkt cap ! $4.518B | |||
| Open | High | Low | Value | Volume |
| $20.40 | $20.52 | $20.26 | $5.410M | 264.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 127 | $20.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.44 | 994 | 4 |
View Market Depth
| Last trade - 11.37am 12/08/2024 (20 minute delay) ? |
| FLT (ASX) Chart |