To Hotbmw: Im wanting to reply decisively!! - as I am manuevering for an entry - trouble has been the one main market maker in FLT at the SFE is on holidays this week - would you believe it - so I haven't been able to execute very well ...
As soon as I have taken my position I will post full details.
To malmanu: I may have it wrong - if so - please point out to me why you believe the "investments" are not "FLT money" ? - and whom do they belong to? I read the update issued to market in December-08 in which they announced clearly that this fund *IS* their money - and affirmed its allocaiton into cash/fixed interest (of which 90% are cash + fixed interest) - as well as a 30m impairment to an investment.
...if I do have it wrong, thanks for the heads up - but please respond quickly as I am hoping to act presently!
FLT Price at posting:
$6.96 Sentiment: None Disclosure: Not Held
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