Geez...this share is taking a hammering at the moment.
I was about to buy this morning however then it dropped a few more so holding back at the moment.
Few main points:
1. Should'nt airfares now be cheaper due to cheap oil?
2. Flight Center has made several acquisitions over the year....always gets me worried when companies start spending like this.
3. Are people more likely to search the internet looking for cheaper airfares than visit the local bricks and mortar travel agent.
4. Short selling......
This is the second big fall for flight center this year, whats going on at HQ.
Surely these CEO's look at the daily monthly reporting figures and notice that month on month the percentage has dropped.
Share Price Fall, page-75
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Last
$20.97 |
Change
0.500(2.44%) |
Mkt cap ! $4.635B | |||
| Open | High | Low | Value | Volume |
| $20.42 | $20.97 | $20.30 | $37.82M | 1.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10715 | $20.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.98 | 373 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FLT (ASX) Chart |