Retail travel is a hideous low margin business. When it goes well, you can make a lot of money , very quickly. When it turns it gets ugly real quick. usually nothing in between. Softening economy / lowering AUD / lower confidence all together will hurt all travel related stocks. how quickly / size of the effect is what we don't know. worth keeping an eye on over next 6 weeks or so.
FLT also would be selling hotels as well, so what effect does this tough market have on them ( given larger / potentially greater ? )
WTF Price at posting:
$2.85 Sentiment: Sell Disclosure: Not Held
