The market grew 3% and FLT share grew 2.7% !!!..that is what all this fuss is about!!!.....its also about the mix of business in terms of profitability and threes quite a bit of commoditised leisure travel between, for example, Sydney & Melbourne that has never bee profitable. The metrics do not justify the big sell off; it has been a success for the shorts and they obviously scared a lot of long investors out. Seriously, this stock is a $45 share stock and offers a model no one else is offering. All businesses have challenges all the time, and its never a static market place, so (as with all companies) it depend son how they respond and change, but to price them at "dead' cannot be justified.
Short squeeze, page-85
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Last
$17.50 |
Change
0.370(2.16%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.13 | $17.59 | $17.12 | $16.12M | 927.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 672 | $17.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.51 | 15502 | 18 |
View Market Depth
| Last trade - 15.39pm 28/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
