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.
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$8.65 |
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Mkt cap ! $3.362B |
Open | High | Low | Value | Volume |
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1 | 4080 | 8.630 |
2 | 12314 | 8.620 |
3 | 5887 | 8.610 |
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Price($) | Vol. | No. |
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8.650 | 8623 | 1 |
8.670 | 6629 | 2 |
8.710 | 8234 | 1 |
8.720 | 10106 | 6 |
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Last
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Change
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