I don't try to guess short term market movements. In the short term FLT may well go lower, and if it does I may well use the opportunity to buy more. Remember what happened in 2008? That was a great opportunity. The intrinsic value has gone from strength to strength.
This is a strong business with impressive cash generation capacity and with enough cash to ride out hard times. I would rather be the tortoise than the hare here. I think at the end of the day, the hare will be exhausted and last to cross the line. But, I may be wrong. Good luck.
roy morgan research, page-8
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Last
$21.67 |
Change
0.430(2.02%) |
Mkt cap ! $4.807B | |||
| Open | High | Low | Value | Volume |
| $21.40 | $21.80 | $21.15 | $11.88M | 549.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6890 | $21.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.67 | 66 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| FLT (ASX) Chart |