WEB web travel group limited

Is $6.00 - $7.00 the highest it will go within 12 months??, page-3

  1. 6,216 Posts.
    lightbulb Created with Sketch. 637
    I'd say they can get there and cross their previous cap, 'cause

    - competitors close shop post c-19, could not survive the pandemic, so less competition
    - people have more saving now as they did not spend, likely to spend on travel, meeting family etc post C-19
    - Home loans payments are ahead, thus giving people more disposal income, - less HL EMI's, enables more spending
    - Low interest rates, easy to travel
    - strong OZ $, entices travel overseas
    - OZ economy recovers faster as we had less C-19 cases (%) , hence we have more disposable income and we love to travel
    - Cr Euro100m to expand in Euro, bigger market to attract customers
    - Inflation, $7 not worth $7 its $9 then

    hope the current cash burn out is low

 
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