how is it backpedaling when this stock was $10 before covid and the CR is due to covid, the CR is also more cash on hand and you are saying it like it vanished. yes they are burning cash, so does every other travel business, and they are already on road to recovery and they can last through next year with what they have now, maybe you should check the numbers and what they've said in previous announcements, they are also looking to INVEST the money, instead of just trying to last longer. Flightcentre is also renting rooms and web is online only, that's another advantage. Again, we are not at $5, that's when you should be careful given current situation, we are at $3.68, second bounce from the low. You better invest in web when the borders are open and the numbers are out and when it's making profit again, by then it's probably over $5, won't you agree?
WEB Price at posting:
$3.68 Sentiment: Hold Disclosure: 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)