This morning the travel agent giant requested the suspension of its shares until Monday March 30.Flight Centre released an additional announcement explaining the rationale for its suspension.It requested the suspension for the following reasons:In addition to the above, the company revealed to that it would be cancelling the interim dividend of 40 cents per share that was declared last month with Flight Centre’s managing director, Graham Turner, explained: “Cancelling the dividend was not a decision that was taken lightly, but we felt it was appropriate to preserve cash and protect long-term shareholder value, given the current uncertainty and the unprecedented actions that governments have been forced to adopt to slow the coronavirus’s spread.”The company also revealed that its senior leaders will take a 50% pay cut in order to conserve cash.When investing expert Scott Phillips has a stock tip, it can pay to listen.
Once the Company Secretary has received formal confirmation from the ASX that the announcement can be released to other parties, the announcement will be placed on the Flight Centre website. Learn about the kind of dividends that can bring you a stream of income, for years to come.If you’re new to investing in the stock market, this definitive guide will show you the ropes so that you can begin buying and selling shares with confidence.Our financial analysts bring you investment ideas that can help keep you ahead of the game and assist you in making profitable investment decisions now…and in the years to come. With notice of the halt taking place on 19 March, a lot has happened since then.Flight Centre announced on 6 April that an equity capital raising of $700 million had been completed and this was made public, with an operational update outlining some of the current issues and key strengths.If you are looking to shift away from volatile shares such as Flight Centre’s, check out our ‘Drastic actions were taken with the outbreak of the COVID-19 pandemic. The Eurozone is in a huge mess right now. But is it too soon to call the end of this financial, military and political empire? Movement. You’ll find such insights right here.Learn more about the gold market, and discover the best ways to invest in gold. So how can you protect and grow your wealth in a financial crisis? Join the HotCopper ASX share market forum today for free. The ASX Group's activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange) central counter party risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation).
Yes and who knows what they'll recover to. Webjet 52-wk high 17.19 52-wk low 3.76. do you think they will come back, and if they do, recover ? Go here to find out...Something the world will always need and consume is energy. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! Go here to find out which ones are most likely to influence the world markets in the near and long term, and discover the best ways to profit from their meteoric rise.Copyright © 2020 Money Morning Australia | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988Free report: Four standout Aussie stocks to stick in your portfolio ASAPDiscover ‘The Explosive Potential of Australian Penny Stocks’. Nevertheless, shares in Flight Centre were trading for $39.48 each on February 21 but closed at just $9.91 on Thursday afternoon last week.Stem cell researcher Mesoblast (MSB) has been granted ethics approval for a trial of its remestemcel-L therapy in Australian COVID-19 patients.Wealth manager IOOF Holdings (IFL) has sealed the deal to buy a NAB (NAB) owned competitor for $1.4 billion.QBE Insurance Group’s (QBE) CEO, Pat Regan, will depart the company following an external investigation.Vehicle lender Collaborate (CL8) plans to offer a non-renounceable entitlement issue of shares and free-attaching options. The Flight Centre Travel Group Ltd (ASX: FLT) share price will not be returning from its trading halt as planned on Monday. The number of stores to be closed has increased and been brought forward which may have given cause for a share sell off.Unless you're willing to buy your opinion isn't worth much.Unsolicited opinions on opinions are worth slightly less.Nope, no skin in the game then anything you say is utterly worthless because you don’t have the courage to back up your convictions.

Graham told shareholders today the Flight Centre senior leadership team will each be giving up half of their salaries to help reduce company costs.Of course, as Flight Centre enters hibernation mode and does everything it can to survive the COVID-19 infection, the $40 million heading shareholders' direction will go a long way to protect the company from falling too far.

Came back when you’re grown a pair and put in a buy order then your opinion might be worth listening to.Any you're not wasting your time even offering an opinion on the topic on hand because of better opportunities elsewhere?But yet you've got enough time, and you think this a good way to spend it, to go online and point out the opinions requested by the OP are worthless ?I might have not have the cohunas, but you seem like a massive d*ck.It’s a logical reaction to someone who showed you up as a coward. Are there investment opportunities to be still had from China, and how will they affect your wealth at home?


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