FLT 1.71% $21.24 flight centre travel group limited

Ann: Flight Centre Details Coronavirus Response Plan, page-4

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  1. 19,072 Posts.
    lightbulb Created with Sketch. 2666
    This statement is concerning.

    You would think management always know what their liquidity position is, at all times. Are they looking for Gov funding?

    FLT is undertaking steps to ensure it retains a robust balance sheet and liquidity position to
    enable it to manage through the current crisis. The company is well progressed in pursuing
    relevant initiatives and will update the market in due course, at which time it also expects to
    end the voluntary Australian Securities Exchange suspension that is currently in place.
 
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