Toshack, I'd take 150 at the moment and make a run for it.
What, with Iraq, Ukraine, airport security gone bananas, exploding undies, near collisions etc, no wonder the SP is dropping. Even if H was to deliver record breaking numbers and presented it professionally the SP will only rise if the stock is bought.
At the price of being lambasted by one of the perceived sages on this forum I once again raise this question.Unless there is a rapid response from the management explaining that there are no intrinsic problems with the company the price will continue to freefall and even if the news is brilliant it is difficult to see much beyond 150.
Us online travel agent Expedia has made a 700m offer for Wotif, an Australian version of itself. Nice! Be good to get some M&A action on TC.. And I like, our new website so if we do get to 50% online sales and profits expected then we should be so much higher than we are it's silly. Wotif is not worth 700m or 25% of TC in my view
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