RE: Should get some sort of bounce from here eventually27 Jun 2023 20:37
Debt & fuel costs are hedged for the short term. Any increase in costs will ultimately be paid for by increased fares. This type of public transport isn't particularly price sensitive & people will expect price rises due to an inflationary environment. Revenues should continue to rise as people move away from rail to coach due to price difference. This SP is being manipulated down by shorters playing on fear. That is all!