The only thing good that ever came of this was nautilus aviation picking up the helicopter pontoons near the marina after GBR got sold and Foaming Fury taking the lions share of rafting ops on the Barron. So yeh, good for them. I honestly expect EXP to sell down all assets except for skydiving. I’m telling you now, the future for Cairns tourism is absolutely bleak at the moment. You could not be in a worse business. Brick and mortar shops are closing down everyday. Flights are pulling out both internationally and domestically. Jetstar just pulled a few more today. This isn’t short term folks. I’m just saying be careful what you are investing in here and know the market back to front so you don’t get burnt.
EXP Price at posting:
24.0¢ Sentiment: Sell Disclosure: Not Held
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