What do you think about the FLT SPP
Hi guys, It seems the flight industry is starting to get its act together, well at least domestically. What do you think about the SPP from Flight Centre. Their offer is: "The New Shares will be issued at an offer price which is the lower of: $14.60 per New Share, being the price at which Shares were issued under the Placement; and the price that is a 2.0% discount to the volume weighted average price of Shares traded on the Australian Securities Exchange (ASX) over the 5 trading days up to, and including, the Closing Date (rounded down to the nearest cent). At present, FLT has risen from its recent floor of approx. $14 to $18.50. Their offer is in lots ranging from $2,500 to $30,000
