SilverTrade, do you honestly believe this will go to $27?
FLT hit $60 in 2018 off the back of strong revenue and juicy dividend returns, then creped back down to $40. Today the SP went to $25.28 and then pulled back about a Dollar to close at $24.43, all very incredible stuff going on. But $25.28 equates to $50.26 pre Covid, looking toward the "re-opening" of the travel economies, "AIRLINE CAPACITY" may be a real issue to future FLT revenues to sustain such high valuation.
I dont want to sound like a wet blanket, but what is reality here? Im trying to work out to continue HOLDING or is it time to JUMP?
The $1.3B sitting in the cash box, what is the plan for that? When can we expect to see a dividend? To continue HOLDing costs money.
What about all these SHORTERS, 21MIL outstanding, when will they get paid back? and at current SP levels who can afford to cover?
SilverTrade, do you honestly believe this will go to $27? FLT...
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Last
$20.40 |
Change
-0.080(0.39%) |
Mkt cap ! $4.509B | |||
| Open | High | Low | Value | Volume |
| $20.63 | $20.70 | $20.19 | $27.00M | 1.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2188 | $20.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.40 | 642 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FLT (ASX) Chart |