FLT 2.15% $20.06 flight centre travel group limited

was so oversold and this is a short squeeze that I was...

  1. 5,860 Posts.
    lightbulb Created with Sketch. 608
    was so oversold and this is a short squeeze that I was expecting.

    shorters may have covered today and could follow the pattern as before and 15.5 is likely since
    -no international travel until next yr
    -only 72m actually benefit
    - vaccine delivery not until nov 2021
    - previous levels post CR dilution met with only 1% revenue
    - with sorters gone real value of the stock prevails.

    on a positive note.
    - less completion post c-19.
    - cash on hand $1.2 b
    - refreshed IT system.
    - reduced. CAsh outflow - reduced staff, low rent etc, close shop front

    enjoy the tide high and low.




 
watchlist Created with Sketch. Add FLT (ASX) to my watchlist
(20min delay)
Last
$20.06
Change
-0.440(2.15%)
Mkt cap ! $4.432B
Open High Low Value Volume
$20.48 $20.51 $19.96 $22.27M 1.108M

Buyers (Bids)

No. Vol. Price($)
2 425 $20.02
 

Sellers (Offers)

Price($) Vol. No.
$20.06 2865 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$19.99
  Change
-0.440 ( 2.47 %)
Open High Low Volume
$20.50 $20.50 $19.95 269417
Last updated 15.59pm 06/05/2024 ?
FLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.