I thought there has been very encouraging growth outside S.E. Queensland. Revenue is up 10% in Sydney from Captain Cook Cruises. Perth can only improve. The company is also being active in looking for markets to use the Capricorn ferries as they come off the Gladstone construction work.
This has been an excellent report. The market has been on to it for a while though and the share price seems to me to be fully valued.
SLK Price at posting:
$4.71 Sentiment: Hold Disclosure: Held