EXP 0.00% 16.0¢ experience co limited

Few reasons for short term pain:- stock was diluted with the...

  1. 72 Posts.
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    Few reasons for short term pain:

    - stock was diluted with the capital raise for treetops acquisition
    - ukraine war increasing costs, aviation fuel etc
    - very slow international recovery, domestic recovery was strong initially but slowed last year with international travel back on the menu. Profits from international customers are much higher than domestic. China reopening took longer than expected and recovery only just picking up now.
    - La nina weather conditions impacting operations
    - Skydive plane crash
    - Cyclone in qld
    - Company hasn't made a profit in a very long time.

    Hopefully we see a turn around soon once international markets fully recover and profits come in.

    I noted in the AGM hat a stock buyback may be on the cards this year to boost the price.
    Last edited by tobster112: 06/02/24
 
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