the opportunity is there for ATL to capitalise on burgeoning...

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Plimsoll

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13/11/20

20:39

Post #: 48865727
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Originally posted by spider5: ↑

The current trades around 35c and the fact that this price exceeds the Morgans current target of 29c shows that investors are expecting revenue to pick up substantially. I do hope that those expectations will be met as I am well behind on this one despite averaging down. With all borders now open from Dec 1st I am hopeful that the Aussies will pick up some of the deficit due to lack of international tourists but I cannot imagine that they will account for all of the lost revenue. Caravan sales will be the area which is more likely to offset the reduced revenue. I would not make any further predictions prior to the next earnings report or the 2021HY accounts.

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the opportunity is there for ATL to capitalise on burgeoning domestic market for travel . Fresh out of lockdown, unable to travel overseas, and now heading into the holiday period, Australians will be criss-crossing Australia like never before. NZ will open and Asian countries with a good Covid record will follow suit. ATL should post much better sales for 2021.

ATL Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
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the opportunity is there for ATL to capitalise on burgeoning...

Top Stories

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

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