Looks like the market is reacting to the ME political situation rather than the update, which is showing what we expected in terms of travel and revenue up.
Can see travel warnings by US to various ME and EU countries that would impact on business travel (cdt). However, HLO deals mainly with Australian, NZ and Fiji flights and I can't see those being impacted by those geopolitical factors. As Buffett says; the time to buy is when there's blood in the streets' and sp looks very spooked at the moment.
Ann: HLO 2023 Annual General Meeting, page-28
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Last
$2.43 |
Change
0.010(0.41%) |
Mkt cap ! $391.1M | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.43 | $2.41 | $137.1K | 56.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 16801 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 37134 | 16 |
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| Last trade - 11.00am 15/07/2024 (20 minute delay) ? |
| HLO (ASX) Chart |