A fundamental difference would be the Agricultural Industry and the Media Industry. Priceline and Flight are in the business of travel. One sells accomodation and the other sells flights and tours - it's a great complementary fit.
I'd like to see Flight Centre rise to $50 and above before we go on wishing for a takeover, but that unfortunately is not always the case. Companies (ironically like flights) get bought when they are at an attractive price.
For those entering the stock at these levels, a takeover would be excellent. Long term holders who bought in the $40s and $50s may get hurt a little, but it could be much worse.
Acquisition rumors, page-36
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
