If you are an investor and not a short trader take consolation in the fact that Perpetual Trustees has recently increased their stake.
This market is a case of shoot first ask questions later.
FLT is in for one TOUGH 2009, the key with this type of stock is to look through the cycle (which you can with FLT because of its low debt).
One day things will return to normal and i bet you FLT will again be valued at its long term PE. Now whether FLT shoots to 2 or 3 dollars inbetween i have no idea.
If you are investing you need to take a five yr view point otherwise you are just cannon fodder for the real pros.
if such a good buy, why is the price dropping, page-9
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Last
$20.70 |
Change
-0.110(0.53%) |
Mkt cap ! $4.592B | |||
| Open | High | Low | Value | Volume |
| $20.50 | $20.70 | $20.35 | $23.71M | 1.151M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 839 | $20.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.71 | 5962 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FLT (ASX) Chart |