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
$21.52 |
Change
0.550(2.62%) |
Mkt cap ! $4.757B | |||
| Open | High | Low | Value | Volume |
| $20.88 | $21.52 | $20.88 | $25.18M | 1.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1034 | $21.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.52 | 5752 | 2 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| FLT (ASX) Chart |