airports are no good Here take my advice with jet fuel costs up with oil at USD52 a barrel the airline situation looks bleak. Last year hedges kept average fuel costs down for the airlines but as time goes on and oil price stays high the airline margins will be sqeezed hard and they will have to pass costs on to travellers and so less travel. Their is a mega shake out looming with airlines worldwide.
Maybe this is why an airport stock might be heading down - the planes won't be landing soon. Maybe they could become drag strips?
But hey don't listen to me I'm just another Instant Expert.
undervalued stock....buy now!!!!, page-11
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $76.13M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $802 | 4.717K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 107194 | 2 |
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| Last trade - 10.43am 08/11/2024 (20 minute delay) ? |
| MAP (ASX) Chart |