I feel for you footmax. I own Webjet (around $9). Arghhh. who would have seen a complete shutdown of all travel though. With all businesses it's all about valuation though. I wouldn't have bought in high $4 range as it was way above my IV at the time. I originally bought in at $3.40 late last year before coronavirus hit the fan but bought more in low $2 and lastly at $1.82 so my average now is low $2. I chickened out when it got into $1.20 range thinking it could go lower. Obviously in hindsight that was a terrific price ... maybe ... never know what the next few months hold. Like I said mid $3 is fair value. Like SimonGr my mate held off and finally bought at $1.49 so he's way ahead of me.
CGL Price at posting:
$2.86 Sentiment: Buy Disclosure: Held