Yes fortunately they're not just a skydiving operation anymore either, with the addition of the luxury products through Wild Bush and Treetop Adventures, along with the Great Barrier Reef cruises. I have operated a tour company myself for 15 years and the big benefit I see is that Experience Co is one of the few operators gaining scale in an industry of very small businesses. That not only gives it a better ability to compete against mum and dad type operators but also presents it as an easy purchase for an international company who wants to gain scale quickly in the Australian market.
It's recent figures have been very good so with tax cuts on their way and rate cuts within the next 12 months, I can't see a reason not to be optimistic on this one, especially given the low SP.
EXP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
(20min delay)