FLT 0.70% $19.80 flight centre travel group limited

flight centre $15 party, page-511

  1. 3,630 Posts.
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    Have a look at the QAN shareprice about when the Australian winter began. It almost recovered to $5 from a low of just above $2 when the second wave hit closing Australian state borders sending it back down to $3.20ish (on the back of the capital raising). QAN is now revovering well as state borders begin to open, however, FLT now has its dark days ahead with the second wave coming to Europe and US (northern hemisphere winter) where a great deal of their revenue is being made. I expect lengthy lockdowns and travel bans very soon. I sold a few weeks ago and will revisit on the other side of this mess.

    DYOR.
    Last edited by mrspeculator: 28/10/20
 
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