The parent company is being punished heavily at present, and as you know most stocks.
I am not in at present due to being stopped out,but as per my post above will be in shortly once this wave of ripples subsides.
The POO has little effect on MAP itself but the reduced activity in soem airports due to service cutbacks from airlines will result in 2nd hand revenue losses. Not only the basic and the bulk costs associated with docking and landing fees etc but the retail or wharehouse traffic which abounds most large airports.
If it goes back to $2.20 where i got in last month or so then i will have no hesitation buying back in. The price at present is fine but the ripple effect never dies after 2 days, so cheaper prices may be on the cards in the next week.
All the best Haka.
MAP Price at posting:
$2.22 Sentiment: Buy Disclosure: Not Held
