Good points, but not necessarily true. It may well have been that FLT was being prudent and was planning for a longer shutdown period. CTD/HLO liquidity position will not allow them to survive with no revenue for 12months (have a look at their current asset and liability, and you can expect some debtors to default.). You watch that space and you may well see a spree of equity raise.
Ann: Request for Extension of Suspension, page-27
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Last
$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.95 | 8747 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |