Pakistan and Turkey have closed their borders with Iran to try and contain the spread of the Coronavirus , as Iran announces a week-long closure of schools and universities.
The decline in Reliance Worldwide has extended to a fall of 27.7 per cent to $3.36, the lowest price in six months. Chief executive Gary Carroll warned that Australia’s bushfire season and coronavirus had an impact on occupancy rates and it would be difficult to predict what that would cost long-term. Mr Carroll told thethat centres had been forced to close their doors over summer or reduce outdoor play time due to bushfires, which meant a drop in bookings in some locations.
The company reported that normalised revenue - accounting for the acquisition of the Commute business in 2018 - increased one per cent to $649.6 million.
More to come baby - great buying opportunity next year.
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