It dumbfounds me that people continue to buy this stock at these levels considering its valued the same as pre pandemic. i.e. the share count has been doubled post March and therefore the same $35 share price is now $17.50. 70% of the workforce has been let go and international travel is still banned. Also the WHO confirmed that all the regions where FLT actually adds value. i.e. South East Asia, South Africa, South America and Eastern Europe where flights, holidays etc require more expertise, have now experienced a spike in cases. Vaccines better do their jobs otherwise this is heading back to $14.
Weekly Chart Stan Weinstein Stage 1 breaking into Stage 2, page-29
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Last
$16.25 |
Change
0.130(0.81%) |
Mkt cap ! $3.606B | |||
| Open | High | Low | Value | Volume |
| $16.20 | $16.37 | $16.02 | $16.21M | 996.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 57292 | $16.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.30 | 650 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |