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Ann: WEBJET ANNOUNCES A $275 MILLION EQUITY RAISING, page-223

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  1. 6,428 Posts.
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    Totally agree Sharesdude. The lockdown although not as severe as China is our security - it is for - what government is saying 6 months for now - unlike the East which was a couple of months. That along with no more near term arrivals internationally (any now are ushered into quarantine not as previously) will - and is - seeing a rapid decline in numbers being infected here in Australia. The virus runs it's course of those already infected and it is exhausted unless re infection occurs or there are a small number of people unknowingly infected - showing no symptoms and that to runs its cause so domestic travel, life, work, etc can resume.
    Yes the silver bullet is a vaccine and wait for the global markets to go bang when that is forthcoming, but in the meantime the govt (and most people) are doing pretty well in saving lives, containing the spread and saving the economy as best can.

    We may well need to go to the next level as some are not - well they are #uchin un Australian and yep - many countries do not comply like in the East.

    WEBJET are set up for the vaccine scenario with the recent raising (cashed until end of 2021)? - salary reductions - they well know they need the globe functioning normal - this will only occur with a vaccine. Each passing day we are a day closer. Govts around the globe are setting up for a vaccine - they can not sustain this helicopter money but obviously they are confident that 6-12 months we will be rid of this virus and they will throw everything they can to save their economies from collapse - some will succeed better than others.

    Sorry but I can't recall the author or broker however of 8 brokers - 5 had a buy - 2 had a hold - one a sell and the other ? re WEBJET.

    Anyway 3 year target of $6< suits me. Happy to buy again today and opportunity will be there again?
 
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