Great COVID-19 re-opening play, considering that health clubs have opened in NSW along with the good news of the acquisitions. There are plenty of Plus Fitness gyms out there and they have adopted an effective cost leadership strategy relative to other gyms that are priced a lot higher per membership. Plus some people will be longing the "social aspect" compared to a home gym. Definitely a hold, and a good time to buy considering it has dipped today by 3.31% despite the announcement yesterday and the subsequent rising of the share price.
News: VVA Viva Leisure Announces Acquisitions Of New Locations, page-2
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Last
$1.32 |
Change
0.010(0.76%) |
Mkt cap ! $133.2M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.36 | $1.32 | $27.34K | 20.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11581 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 1328 | 3 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| VVA (ASX) Chart |