And regarding the Corp Cash Cow, they likely sold it because it wasn't their bread and butter. HLO originated / was bought by AOT who started from inbound travel.
They got a large sum of shares from CTM for the Corp Businesses (which they are still sitting on and doing nothing with, another story) and also Corp / Gov is largely domestic travel spend which doesn't earn any commissions so in all likelihood it was probably costing them money but anyway it made sense to offload to a dedicated corporate travel provider in my view.
DYOR.
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Last
$1.36 |
Change
0.005(0.37%) |
Mkt cap ! $221.3M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.37 | $1.34 | $392.9K | 290.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 1322 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HLO (ASX) Chart |