Correct me if I am wrong but the Pandemic CR created a 10% dilution with 8% held as notes to FY 23 -,- FY 24
Offsetting this is a 30% increase in new investors trading and gunning for Covid recovering stocks to get a chunk of the action , (which is why we are seeing so much volatility) backed by the reduction in travel brokers due to the pandemic wipeout and the massive forecast in demand for travel.
IMO taking all into account we will could see most travel stocks return to the pre Covid position, at least for the short term
DYOR
WEB Price at posting:
$6.21 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)