Very pleased I decided to avoid this one back in 2017 in the $25 range. Some very difficult years ahead. They should just scrap their $250m Queenstown expansion plans. Tourism volumes are likely to stay low for many, many years.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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