Whilst we are LTH of HLO and intend to continue to hold I believe it is naive to assume the current middle east conflict will not affect travel particularly to europe. It may well be that baby boomers will take up alternative destinations but I suspect most will defer long haul air travel until there is clear long term stabilisation of ME issues which to me seems some way off. Whilst a rerate at some point is inevitable it may take some time before it materialises.
HLO Price at posting:
$1.32 Sentiment: Hold Disclosure: Held
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