I'd say they can get there and cross their previous cap, 'cause
- competitors close shop post c-19, could not survive the pandemic, so less competition, customer acquisition - people have more saving now as they did not spend, likely to spend on travel, meeting family etc post C-19 - Home loans payments are ahead, thus giving people more disposal income, - less HL EMI's, enables more spending - Low interest rates, easy to travel as cash is cheap - strong OZ $, entices travel overseas - OZ economy recovers faster as we had less C-19 cases (%) , hence we have more disposable income and we love to travel - Cr Euro100m to expand in Euro, bigger market to attract customers - Inflation, $7 not worth $7 its $9 then - airline wars post C-19: cheaper flights hence more customers
hope the current cash burn out is low
WEB Price at posting:
$4.00 Sentiment: Buy Disclosure: Held
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