I'm with the cat on this one. Shares are still in a well established downtrend.
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I'm with the cat on this one. Shares are still in a well established downtrend.
Apollo in Oz impacted by the bush fires — peak season and all that.
Also commented that global sales of RVs still not that good.
I would be love to see Thl in action to take over or merger with Apollo now
The market capitalisation of THL is NZ $480.85 mil.
The market capitalisation of ATL is Au $72.6mil,
So could be game on.?
Australian market will be tough for both for the foreseeable future because of the bushfires affecting their peak season.
The ATL debt would need some serious capital to bring it to a manageable level.
Possible that Apollo has loss of profit insurance?
Very unlikely going from their trading update yesterday.
2 year chart of THL looks very sad. Wonder how they are going to their progress towards their $50m profit target ?