Dec 2019 - precovid level for ATL was about 40-42c so it is already above its precovid level. ATL precovid had already suffered economically thru the east Australian bushfires and caravan and motorhome high stock levels in both Australia and America. I am a holder from the IPO period when the price was fortified with the profits arising from Canada and United States and watched the decline from that period. So the early days of +$1.00 from 2016 to end of 2018 were based mainly on Australian and international profit and potential. IMO they will need to beef up their hibernating international operations (incl NZ) before we see those heady $1.80 to $1 share prices again. However I am sure they have definite room to improve once the international borders are opened and dare I say - it kept open.
ATL Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held
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