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$1.03 apollo tourism & leisure ltd

Even if the merger doesn’t go ahead, ATL should be $0.75. I...

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north1

550 Posts.

81

14/04/22

17:01

Post #: 60861707
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Originally posted by GPTAS: ↑

Perhaps investors are spooked by the lack of a rapid thumbs up? The ACCC is trying to work out if airbnbs and motels are a competitor to campervans... weird but obviously travellers have a wide range of choices and those are not substantially lessened if the merger goes ahead. I think ACCC and NZCC approval are a foregone conclusion so this is one of the surest bets out there to my mind.

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Even if the merger doesn’t go ahead, ATL should be $0.75.
I think the overall uncertainty plus owning shares in a NZ based THL has spooked a lot of investors.
Either way, once the dust settles in a few weeks we should se moderate SP gains.

ATL Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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