Ann: Change in substantial holding from PPT, page-8

  1. 11,151 Posts.
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    The possibility of a 'stage 4' lockdown in Victoria and more severe restrictions in NSW is not good for this company's share price.

    I previously owned but sold at about $11.50 some time ago, prior to COVID-19.

    Buying in again is a possibility, as I suspect it's got far better prospects than (for comparison) the airline QAN, but how can cinemas operate if governments impose restricted capacity?

    You'd really have to be patient with this stock despite its quality assets and great record in running hotels and leisure facilities like Thredbo.
    Last edited by Hopeful9: 20/07/20
 
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