I noticed insto’s were trimming forecasts ever so slightly after the Ord Minnet presentation.
It looks to me there’s a pair trade going on with FLT. My educated guess would be the dividend, but the main contributing factor would be the tax refunds floating around the shopping centres.
Last time the government handed money out, there was a retail (tv) boom. Maybe they’re thinking some of the tax refunds will flow into Flights coffers.
Sticking to the web chart thematic, need consistent closes over $12.94
P.s I think broker consensus is > $17
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 (20min delay)
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Last
$4.49 |
Change
-0.060(1.32%) |
Mkt cap ! $1.622B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.60 | $4.49 | $12.89M | 2.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8489 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.52 | 21885 | 2 |
View Market Depth
| Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |