I don't think oil price will be a big issue. Those who want to travel by air or sea are cashed up. Imagine you and your partner are working from home, kids not going to the school and you haven't been able to travel outside your locality.
It will take time, shorters will run all over it like they do on other stocks. But if you have a buy and hold strategy then you should look at this stock 2 years later.
Because this stock will be profitable in future - I won't be surprised to see any takeover offer. Every business news I listen to are saying that M&A activities are going to ramp up for the next 6-12 months to take advantage of low interest rate.
I haven't said anything that we don't know already. But no harm in saying it again
I don't think oil price will be a big issue. Those who want to...
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Last
$20.50 |
Change
0.030(0.15%) |
Mkt cap ! $4.529B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.75 | $20.45 | $12.11M | 589.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 507 | $20.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.50 | 8032 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$20.46 |
Change
0.030 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $20.66 | $20.75 | $20.44 | 100994 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| FLT (ASX) Chart |