I don't hold anymore but lockdowns will not last forever, vaccine is around the corner and the major loss from WEB was due to once off expenses, none of which will reoccur until 2022.
Yeh WEB is burning money but people who aren't shortsighted can see past that and can speculate that when WEB does bounce back they will bounce back hard.
We are already seeing other travel companies going under, perhaps if things improve by next year WEB will have a bunch of cash left over for acquisitions.
Not sure if you attended the webinar but revenue is starting to flow and growing at an exponential rate every month to the point I think they will be close to breaking even by the end of the year or early next year.
WEB Price at posting:
$3.60 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)