I'm not buying into the valuation argument on this thread (although it is probably just a reflection of how the market can be like a manic depressive friend...either very positive or very negative or ok).
I thought this was interesting. Short positions in FLT have fallen to 0.11% of issued shares as of yesterday afternoon...Daily Gross Short Sales reported for 06-Jul-2015, ASX Limited (ASX) & Chi-X Australia (CHI-X)
FLT FLIGHT CENTRE TRAVEL GROUP LIMITE FPO 116,511 100,822,383 .11
It looks like a lot of short positions across most stocks have been reduced with Bluescope Steel at 0 .48% and Oz Minerals at 0.58% and Slater and Gordon 0.36% amongst the largest short positions.
Short squeeze, page-122
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 (20min delay)
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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 |
