I recently posted about FLT and its interesting that both FLT and ALG "seem" to have turned the corner. I'm guessing this is the start of a bull run for ALG. Local travel in AU is about to explode and I think ALG will be a significant beneficiary. Families are gonna be sick of being cooped up and when its deemed safe, I think there will be millions of Aussies wanting to take the family somewhere. With Bali and other affordable destinations of the cards, I think the gold coast will be high on the list for Aussies planning holidays. I predict this is the start of a massive turn around.
With regards to ALGs O/S business Main Event. I think the same will apply. Americans stuck at home and unable to travel will be desperate to go have fun. While I know it will be a rocky road short term. I think ALG will come out of this in a better position than when it entered COVID, ironically due to COVID they are about to have a literally captured market.
cheers
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8 | 28885 | 0.445 |
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Price($) | Vol. | No. |
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0.460 | 70288 | 8 |
0.465 | 21608 | 6 |
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