I don't try to guess short term market movements. In the short term FLT may well go lower, and if it does I may well use the opportunity to buy more. Remember what happened in 2008? That was a great opportunity. The intrinsic value has gone from strength to strength.
This is a strong business with impressive cash generation capacity and with enough cash to ride out hard times. I would rather be the tortoise than the hare here. I think at the end of the day, the hare will be exhausted and last to cross the line. But, I may be wrong. Good luck.
roy morgan research, page-8
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 (20min delay)
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Last
$17.47 |
Change
0.340(1.98%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.13 | $17.59 | $17.12 | $17.99M | 1.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 630 | $19.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.60 | 564 | 4 |
View Market Depth
| Last trade - 15.59pm 28/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
