You're right about the market generally. However, the financial news has had several recent analysis showing why the high interest rates don't impact on our very specific nisch; baby boomers are super cashed up (+ even making money in the bank from high interest tates. And travel is their favourite spending.
The market is reacting to the general down trend in consumer spending but specifics will show our customers are spending like there is no tomorrow. Cos for them there is no tomorrow. They must spend today.
Ann: HLO Trading Update for March Quarter 2024, page-378
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Last
$2.33 |
Change
-0.080(3.32%) |
Mkt cap ! $375.0M | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.40 | $2.32 | $943.5K | 400.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 330 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 21060 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| HLO (ASX) Chart |