11-11-2020, 05:39 AM
(11-11-2020, 05:23 AM)LP link Wrote:Meh, it's a good story, I don't know enough about CTD. But if they are like the entities I've used for brokering corporate travel or offering security and advice I think they are more comparable to the regional / local vendors than a monolith like a Qantas, Virgin or Singapore Airlines owned booking agency. A new business jet appearing in the market can boost a boutique company or division, and won't even deliver a ripple to the big boys, reminds me of the rumours surrounding Boom boosting Little's fortunes with his boutique terminal project.
CTD have a market cap of 2.33 Billion which compares to Flight Centre @around 3 Billion.
You would have doubled you money on Flight Centre and Webjet if you had bought in at the Covid lows.....so CTD was the favorite travel stock with punters.