Whoever is shorting any Australian travel company shares at this point of time is trying to swim up the river. It just won’t work. It’s pretty much gambling. You pay margin loan fees, and you have to short it using heaps of leverage increasing your risk significantly. Any good news from the company or overseas (like last Friday rally) would basically wipe your short out by getting margin call. You won’t make 30~40% return just because stock went down in 2020. The market are looking 2025-2030. Rest is history. Plenty of overvalued tech crap to short at the moment. In my preference I would venture there rather than keep spreading misinformation for your $2000 short sale or put contract
$30 FLT PARTY, page-54
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Last
$23.00 |
Change
0.000(0.00%) |
Mkt cap ! $5.079B | |||
| Open | High | Low | Value | Volume |
| $23.01 | $23.06 | $22.81 | $11.89M | 518.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 4256 | $22.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.00 | 1445 | 12 |
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| Last trade - 14.10pm 23/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |