Seems to be stable and reflected FY report with burn of approx $1.5m a month. Current travel run rate is about 30% pre Covid business. Went up $0.26. Go figure.
We indicated at our full-year announcement that we anticipated our core Australasianmarkets will be operating at between 40%-70% of their pre-Covid levels by March2021. As mentioned, transactions have been relatively static at around 30% during Julyand, should Australia and New Zealand’s travel remain restricted, we expect to be atthe lower end of this range.
However, once travel is less restricted we could seetransactions improve to 60-70% based on the experience of New Zealand at level 1.
SKO Price at posting:
$3.22 Sentiment: Hold Disclosure: Not Held
