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.
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- Ann: HLO Trading Update for March Quarter 2024
HLO
helloworld travel limited
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1.50%
!
$1.70

Ann: HLO Trading Update for March Quarter 2024, page-416
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Last
$1.70 |
Change
0.025(1.50%) |
Mkt cap ! $277.6M |
Open | High | Low | Value | Volume |
$1.67 | $1.72 | $1.67 | $466.2K | 275.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 87 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.61 | 1532 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2939 | 1.700 |
4 | 3307 | 1.695 |
5 | 22390 | 1.690 |
2 | 3346 | 1.685 |
3 | 11650 | 1.680 |
Price($) | Vol. | No. |
---|---|---|
1.705 | 4717 | 4 |
1.710 | 198488 | 1 |
1.715 | 248 | 1 |
1.720 | 15737 | 10 |
1.725 | 13800 | 3 |
Last trade - 15.59pm 07/08/2025 (20 minute delay) ? |
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HLO (ASX) Chart |