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2.39%

$21.68 flight centre travel group limited

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333 Posts.

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28/09/21

19:39

Post #: 56415407
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Originally posted by discursive: ↑

the way I figure is that people who don’t know anything have ideas. And they assume travel stocks will rocket cause of COVID-19 but well their research ends there. No factor of dilution, EPS, book value, future earnings. I think they just look at a chart and put 2 & 2 together. But what we underestimate is the value of stupidity. And, well, quite frankly the ASX is the world leader in stupidity. Too many times I’ve seen stocks at insane prices without the justification, and I don’t get it, but then I think stupid do what stupid does. And sometimes you just need to be the herd. FOMO, property prices, someone even told me QANTAS is a buy, still scratching my head on that one. At what stage does reality sink in without a world of fantasy, the truth is, it doesn’t. Even when QAN was in its prime, it was still a $8. So with dilution and all the other loses, today’s sub $6 is like last year being $10. How do you get a SP higher the prior highs when it’s possible unlikely to generate that revenue for 5+ years. Miracle.

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FLT Price at posting: $21.52 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $21.68		Change -0.530(2.39%)		Mkt cap ! $4.809B

Open	High	Low	Value	Volume
$22.10	$22.19	$21.52	$16.38M	754.2K

Buyers (Bids)

No.	Vol.	Price($)
1	93	$21.67

Sellers (Offers)

Price($)	Vol.	No.
$21.70	15676	4

View Market Depth

No.	Vol.	Price($)
1	63	21.580
1	200	21.570
1	10	21.540
1	24	21.510
6	2629	21.500

Price($)	Vol.	No.
21.700	3896	2
21.730	3910	2
21.790	58	1
21.890	61	1
21.900	30	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

FLT (ASX) Chart