Sure enough with a market meltdown we see the Mmmmmoooe crawling out again + crapping about his ' market correction'.
This huge Wall St volatility is Not a 'market correction'. It's Wall St zooming one day on expectation of easing interest rates, followed by panic about Recession the very next day.
Fear of Recession is real ( that's why there's no interest rates hike in August); in Oz esp the Millennials n Gen Z have pulled back spending in cafes n restaurants.
Hlo market is cocooned baby boomers who don't feel the high interest rates & must spend cos there's no tomorrow. Aside from keeping some for their kids' inheritance ,Travel is their No 1 priority.
Sure there'll be contagion from Wall St meltdowns but Hlo fundamentals (+ demographic) are solid.
Ann: HLO Trading Update for March Quarter 2024, page-416
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Last
$2.04 |
Change
0.055(2.77%) |
Mkt cap ! $332.1M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.06 | $1.97 | $885.9K | 440.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 502 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| HLO (ASX) Chart |