Correct me if I'm wrong ofcourse not good at maths, but WEB is expected to reach pre Covid revenues of over $200m by end next year, early 2023. That's almost 4 times the current revenue and with greater cost savings, efficiency, profits should be greater than pre Covid, together with further business improvements/expansions, acquisitions .
Despite current dilution , surely there is some serious upside in SP based on solid no nonsense results, not just hype . Their confidence suggests WEB will not only surpass pre Covid revenues but will grow market share well beyond previous expectations within a few years. That's not a long time to hold for what could be some worthwhile investment returns. The market doesn't always follow common-sense or logic , and plenty of stocks SP thrive on hype , but the WEB business seems a logical investment, just need to achieve steady SP growth, not the sudden spikes rollercoaster rides that shorts short term traders seem to love. Anyway wishing everyone happy investment.
WEB Price at posting:
$5.67 Sentiment: Buy Disclosure: Held
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