I tend to agree and why I'm pinching myself that I bought in yesterday afternoon at 35.5c. Normally when I buy they seem to go the other way at least in the short term.
Covid may actually turn out to be the best thing that could happen for ALG. Its been a slow recovery from the tragic accident but like you say with the reduction in overseas travel, and if we factor in what Qantas are saying that this won't recover until H2 2021, then potentially the recovery will gather pace and provide more confidence that the outcome of the enquiries into safety protocols at DreamWorld are being followed and therefore bring attendance levels back up towards what they were before the accident.
We'll see how it goes but QLD will absolutely be trying to encourage Aussies from other states and within Queensland to holiday there and Gold Coast would be close to top of families holiday destinations within Queensland.
ALG Turned the corner?, page-2
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $222.6M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 48.5¢ | $120.5K | 246.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1117 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 25034 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
0.005 ( 1.06 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 50.0¢ | 48.5¢ | 31348 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CEH (ASX) Chart |