WEB was my favorite stock for many months (bought at $13.40, then at 11.36, then at 12.50, participated in the CR,then again at 8.58, than max allocation at latest CR, finally sold $3.92 the whole lot). Ended up with a small gain (at least loss avoided). I think they have a very competent management. ... But, in the current environment, it is a bet about how quick or safely a vaccine of cure can be found against COVID, against the time frame of how long WEB can last, i.e. no travel = no WEB. WEB would need to hold out at least 18 months (the time frame I guess for a SAFE vaccine). I feel a little bearish at these price levels.
Someone said, never fall in love with a stock.
GLTASH
Ann: 2020 Annual Report, page-72
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Last
$8.67 |
Change
0.075(0.87%) |
Mkt cap ! $3.391B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.69 | $8.63 | $1.168M | 134.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 5746 | $8.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.67 | 780 | 3 |
View Market Depth
| Last trade - 10.56am 29/07/2024 (20 minute delay) ? |
| WEB (ASX) Chart |