We are long term holders and will continue to be so. My suspicion is that the forward looking outlook for all tourism stocks are inevitably going to be affected by significant weather issues in northern Queensland and eastern Australia which must impact outlook. Further the continuing turmoil in the ME and Ukraine will cause many to defer european trips until some level of stability returns. Having said this further pent up demand will hopefully see a recovery in late 24 early 25.
HLO Price at posting:
$2.35 Sentiment: Hold Disclosure: Held
