I wouuld have called FLT overpriced when it hit $69 recently.
Then along came the ABC to "cut down the tall poppies" of Australian industry with their hatchet job on FLT.
The price has been dropping on and off since then. Some of the fall off in profits of Australian retail can be put down to the ABC reporting. That should be a short term effect. Otherwise, FLT is the same fundamental business it was when it was at $69.
Getting Hit, page-24
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Last
$17.00 |
Change
0.020(0.12%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.01 | $17.18 | $16.98 | $18.14M | 1.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6735 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.01 | 75 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
