It was the positive upgrade from Ord minnett that acted as the catalyst for the recent upward momentum in my opinion. And since then we ve had great guidance for fy20 with target price upgrades from multiple brokers so i will be holding onto my shares very tightly lol.
And the previous 10 dollar range was just too cheap for a company with as many growth levers as webjet. I m also very interested in seeing revenue growth coming in from the implementation of Rezchain as it looks to be a very unique technology that's a first in the industry.
with Olympics just around the corner i feel that travel will be resilient and will continue to outperform expectations. I think this AGM has just affirmed my confidence in the company with particularly bright prospects for webbeds. Online republic was the only one with a question mark but i m sure they will sort this out in the medium term
Ann: AGM Managing Directors Presentation, page-40
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Last
$8.82 |
Change
-0.010(0.11%) |
Mkt cap ! $3.443B | |||
| Open | High | Low | Value | Volume |
| $8.83 | $8.88 | $8.80 | $12.52M | 1.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4300 | $8.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.82 | 14176 | 3 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$8.83 |
Change
-0.010 ( 0.16 %) |
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| Open | High | Low | Volume | ||
| $8.81 | $8.88 | $8.80 | 461570 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| WEB (ASX) Chart |