the Chairmans comments about the $3 options target is complete bullshit. utter crap. share price has spent less than 10% below that target in the last 5 months. its purely to line the MDs pockets because they're scared to lose him. its COVID, he's a travel industry MD, where's he going to go? and even if he did, they've got a ready made number 2 in Beasley.
other than that, sprinklings of good news. i'd be bloody nervous about $100m+ of annualised costs versus "possible increases in revenue/break even points" though.
lucky to have those 50k of new holders (who i suspect are propping up the price based on their love of the brand/early super releases rather than fundamental strength of the business {APT anyone})
going to be an interesting day. plenty of lipstick on this one imo. i usually buy into a WEB announcement as they are the masters, but happy to not be holding for once. could be up OR down 20% in this crazy market! GLTAH
WEB Price at posting:
$3.94 Sentiment: Sell Disclosure: Not Held
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