WEB 0.23% $8.59 webjet limited

Ann: Webjet delivers on international WebBeds strategy, page-177

  1. 5,838 Posts.
    lightbulb Created with Sketch. 1160
    Who would have predicted that it would go back and try to fill the gap at $7.95 from way back in August 2016

    Market cap is currently $1.18b, so it's trading on an annualised EBITDA ratio of ~7 or PE~10 based on 1H20 $86.3m EBITDA. Obviously 2H20 will be significantly impacted by the virus and likely 1H21, but if you can ride out the next 6-12 months, I'd expect the $10.00 and $11.40 gaps to be filled in due course. There's a few more gaps higher than that as well.

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