Bridgeclimb would be a good fit, but I hear they are looking at GBR Heli in Cairns at the moment. The market is so fragmented that there are opportunities everywhere. The general consensus for valuing private tourism companies in FNQ is only around 3x EBITDA, so there are plenty of companies who are happy to take what SKB offer. And when you consider the PE ratio of SKB, the immediate benefits to the stock's metrics from these takeovers is very impressive.
If the tourism sector in Australia can remain relatively incident-free (that is no major terrorism events or pandemics, etc.), SKB could be a real banger...but there are real risks present.
I've recently purchased a small parcel and am cautiously optimistic! DYOR
Bridgeclimb would be a good fit, but I hear they are looking at...
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $117.4M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.5¢ | $4.976K | 32.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 85914 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 35466 | 3 |
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| Last trade - 15.52pm 21/06/2024 (20 minute delay) ? |
| EXP (ASX) Chart |