Sure fair point sadj89 but it's also about industry context and stock specific factors into the future- not just on the right now, but through the cycle and into the future . Flt has some fantastic growth opportunities for their model globally but current pricing implies zero real growth forever. The current price says the model is broken and it's the end of the road..... I think this is over the top unrealistic pessimism which is a result of a short raid which always scares away the longs. I bought more and am happy to ride up the growth in the underlying business .
Short squeeze, page-71
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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 |
