With regard to the Gold Coast, crookers, you said it yourself.."Many small operators".
Exactly the market that SLK will avoid. This is a business that has tried to build moats around their operations. Most of the markets they are in, they either have a monopoly or they are in the dominant position. Long may this continue to be the case.
This is why Perth will take longer. I am sure their aim will be to achieve a dominant position in that market too but they are starting from a smaller position there.
As for achieving $4.80, I expect a lull in the share price for a while until SLK proves itself as a sound operator of the Fraser Island resorts. This is quite a step to get big time into resorts. If they succeed, in a couple of years $4.80 will be a distant memory.
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Last
$5.78 |
Change
0.030(0.52%) |
Mkt cap ! $1.556B |
Open | High | Low | Value | Volume |
$5.78 | $5.83 | $5.71 | $3.423M | 592.9K |
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No. | Vol. | Price($) |
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1 | 1665 | $5.74 |
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Price($) | Vol. | No. |
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2 | 2265 | 5.720 |
3 | 3224 | 5.710 |
2 | 261 | 5.700 |
1 | 175 | 5.680 |
Price($) | Vol. | No. |
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5.780 | 224 | 1 |
5.790 | 1489 | 1 |
5.800 | 1717 | 2 |
5.810 | 1489 | 1 |
5.830 | 321 | 1 |
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Last
$5.75 |
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Change
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