Agree, $18-$20 will come to us very soon through natural growth. E-commerce companies are trading at extremely high multiples, so WEB has barely touched the tip of the ice berg in terms of SP.
I can see management are also in the same view, as I'm sure theyve had plenty of offers, however none of which would be enough to reflect the great growth story that is webjet.
I'll be sitting on this easy hold for a while, with the view to purchase more at sub $16 dollar prices.
GTAH.
WEB Price at posting:
$14.40 Sentiment: Buy Disclosure: Held
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