Agreed look at Tripadvisor on the US market same downward tread as HLO and other ASX travel stocks with HLO down 18% for the month and TripAdvisor down 16%
IMO it is driven by the uncertainty of a quick recover due to the slow Aus boarder reopening and the resurgence of Covid 19 of the unvaccinated during the cooler months in Europe and the US , with the USA seeing 70,000 deaths a month , 92% are unvaccinated
Keep a eye on trial of Pfizer’s pill for the next rebound as the will be a game changer for those who get Covid and the unvaccinated, and once this rebounds you will not see prices like this again IMO
HLO Price at posting:
$2.39 Sentiment: Buy Disclosure: Not Held
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