Couldn't agree more. I've worked in tourism for 20 years and almost every operator lacks scale - it's a fragmented industry of mum and dad operations at heart. EXP is one of the few that have scale, in addition to diversity both in terms of offerings and geography, a degree of vertical integration and a variety of revenue streams.
If you were a multi national looking to quickly build a presence in Australian tourism, paying 100-200 million for EXP would be an absolute no brainer.
Ann: Q3 FY24 Trading Update, page-3
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Last
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Mkt cap ! $98.46M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $750 | 5.767K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58294 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 150000 | 1 |
View Market Depth
| Last trade - 15.55pm 29/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.0¢ | 0.0¢ | 0.0¢ | 2862058 | ||
| Last updated 16.20pm 29/05/2024 ? | |||||
| EXP (ASX) Chart |