This is definitely more of a
long term play, rather than something that someone would day trade. International travel won't be coming back anytime soon, I would say give it may 2021 and things return back to 'normal', but until than domestic travel and maybe NZ will be the only travelling inside of Australia. So if you invest into WEB, expect this could take some time re-run back up.
I trust that management can handle funds til the time that international travel does begin to ramp up again. However, I also believe that the S.P won't be $3ish when the time does come for when that is announced globally, as the market tends to price things in whether it is negative or positive news.
So look long term if you're willing to invest. I mean, we have all the time in the world right now given the current global situation... so I am happy with the future future outlook.
Will be interesting to look at this post, in say 1.5 years time and see where we are then! GLAH and anyone lucky enough to invest their funds during these times!
(20min delay)