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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Last
$22.66 |
Change
0.470(2.12%) |
Mkt cap ! $5.008B | |||
| Open | High | Low | Value | Volume |
| $22.34 | $22.75 | $22.22 | $29.64M | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 696 | $22.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.67 | 993 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |