On the contrary I would consider spending 10% of your cash pile quite material to the company. FLT hovers around 20% ROE currently, which would impute a return of $10 million from these (potential) bolt on acquisitions should they adhere to current FLT standards.
Acquisition rumors, page-7
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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 |
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| Last trade - 15.39pm 28/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
