As most of us knew SP is mostly influenced by people's greed & fear rather than companies balance sheet. There are companies in the market their P/E ratios more than 50 and some handful companies their PE ratios even higher. Which clearly shows majority time market influence by people emotions.
IMO .... FLT SP would bounce back quickly than one would anticipate otherwise....
Assume we have 1 dollar coin, one side of the coin has -
More Expectations ....More Pain & the other side of the coin has - No Pain ... No Gain
MYOD ....
Equity raise process, page-21
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Last
$22.56 |
Change
0.610(2.78%) |
Mkt cap ! $4.986B | |||
| Open | High | Low | Value | Volume |
| $22.20 | $22.61 | $21.97 | $28.02M | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2440 | $22.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.57 | 8445 | 4 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |