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Last edited 4 years ago
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#CV-19 Impact on FLT
stale
Added 4 years ago

Balanced article from the AFR on Flight Centre's CV-19 challenge:

https://www.afr.com/street-talk/flight-centre-needs-200m-additional-liquidity-cs-20200320-p54c69

A $200 million shortfall and a likely unavoidable capital raise at some very low prices.  Prices which may seem quite cheap in say 2023 if the company lands safely on the other side of this existential crisis.