We cling to these historical valuations as near certainty of what it will return to.
The logic behind every single thing that is happening on the market right now is embarrassing to mankind.
We have FLT a billion dollar business that the market place is going to prop up, yet in the reality of the situation, its essentially priceless.
The $700mil that is getting thrown into this, could easily be a fraction of the price to create a new empire. No overheads, no debt, no staff. Ready to grow with the market when it’s ready, but the market wants to take this to what $2bil in the hope it bounces.
You throw enough money at anything it’ll eventually get going but the question is how long will u wait for the return.
Recovery Time, page-38
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Last
$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.95 | 8747 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |