FLT is crazy expensive at these levels, it's a value trap for the novice investor.. they don't understand share on issue and market cap and look at the charts.
It's unlikely we will see international travel until the end of this year, plus people will be hesitant at the start.. That's a potential capital raising, no travel for this year.. a lot of time with no good news and the market gets bored, it's likely to fall back to $14-$16 in the short term.. I think this could be the point of entry.
Up cycle now, page-55
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Last
$19.38 |
Change
0.180(0.94%) |
Mkt cap ! $4.282B | |||
| Open | High | Low | Value | Volume |
| $19.26 | $19.50 | $19.24 | $14.19M | 732.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3145 | $19.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.40 | 1022 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$19.42 |
Change
0.180 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| $19.29 | $19.45 | $19.25 | 121862 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| FLT (ASX) Chart |