I think price has fallen off quite a bit from $2.45 to $1.50 level of which I think has already factored into the current price level of $1.54.
The projected fall in rev for 2nd half 2020 plus may be nil dividend for year 2020 has already factored into the current price..
Short term wise, with circuit breaker lifting off from 2nd June, more people will be using the public transport again..Rev likely to get lifted slowly.
Price may likely move up to test the recent high of $1.65. Breaking out plus high volume that may likely drive the price higher towards $1.80.
Not a call to buy or sell.
Pls dyodd.
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