I'm in both and I would buy into both if I had enough spare cash. FLT particularly at this SP but much more volatile in short term. Can not see it going much lower now so get on now. WEB Lower SP so you can get 3.5 for every FLT share.
In a few days if FLT SP goes up you could be looking at 4 WEB shares for each FLT.
Assume you get 3.5 WEB ($6.32) shares for price of FLT ($20.29) share.
If WEB climbs to $8 from $6.32 that's $1.68 increase. 3.5 x $1.68 is $5.88. So FLT would need to get to $ $26.17 in order to outperform. AND IT WILL
WEB would need to increase by $1 for every $3.50 in FLT to be more attractive.
WE effectively know that FLT will get to $30. Ask if WEB will get to $10.
WEB was $13 just pre-covid. with $16.50 march 2019. $10 more than now.
FLT was $39 just pre-covid with $48ish august 2019. $27 more than now. It really is equal money decision but FLT could hit $60 again???????.
I buy my airline tickets off WEB. because I could do it from Australia OR USA when I was there.
At FLT price now I would err to FLT if I only had money for one company. Like Monday 25 October. but if FLT jumps up quick I'll go WEB for extra shares.
Obviously I'm already in. And buying either now will raise my averages significantly.
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I'm in both and I would buy into both if I had enough spare...
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Last
$4.60 |
Change
-0.040(0.86%) |
Mkt cap ! $1.662B |
Open | High | Low | Value | Volume |
$4.66 | $4.69 | $4.60 | $4.779M | 1.032M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5361 | $4.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.62 | 6306 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5361 | 4.600 |
2 | 21331 | 4.590 |
7 | 31286 | 4.580 |
2 | 9418 | 4.570 |
4 | 16141 | 4.560 |
Price($) | Vol. | No. |
---|---|---|
4.620 | 6306 | 3 |
4.630 | 432 | 1 |
4.640 | 28539 | 5 |
4.650 | 6014 | 2 |
4.660 | 14344 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
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