WEB 1.00% $9.10 webjet limited

Chart - WEB, page-106

  1. 184 Posts.
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    Few things below.

    First, here's the trigger points for reviewing border controls. High risk came into affect yesterday. Last 5 days average case numbers have are 17. Total of of 86 cases. For tomorrow, around 0-10 cases would be ideal to keep that 5 day average below 20. However, I can't see it being under 10 though.

    Case numbers halved to 15 in the first 24 hours of the lockdown, with all cases linked to the cluster. On the first day of the Melbourne lockdown, there were 72 local transmission cases. Low case numbers have given the NSW Government hope the northern beaches lockdown is working, with one expert saying it is unlikely Australia will see a repeat of Melbourne's months-long confinement.

    https://hotcopper.com.au/data/attachments/2751/2751811-865f97ff221b05d8c863a4705bc6f40b.jpg

    Today - 38,000 tests. 0.03 of tests positive. Strain not connect to new strain in the UK.

    Also - US Congressional leaders reached a long-awaited agreement on a $US900 billion stimulus package on Sunday, providing funds for small businesses, hospitals, schools and vaccine distribution after months of gridlock.

    AFR - "While the airline, transport and bookings stocks have rallied through the past few months, they remain well below where they started the year. Flight Centre remains the worst-performing stock inside the S&P/ASX 200 index year-to-date, down more than 60 per cent, and Webjet is nearly 50 per cent weaker.
    https://hotcopper.com.au/data/attachments/2751/2751798-38a7a54a752a624abf9390c650d01222.jpg

    Nonetheless, there remains underlying confidence that the sector will be able to bounce back next year as vaccines are rolled out."The vaccine reflation trade combined with historical monetary policy balance sheet expansion means it's a reasonable assumption that the travel industry aggregate earnings will increase in 2021," Mr Boubouras said.

    "You can have confidence going forward and if you’re not in them, these corrections are a chance to participate. It's all about the opportunity."

    All in all, buy before this flies off! IMO!
 
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Last
$9.10
Change
0.090(1.00%)
Mkt cap ! $3.559B
Open High Low Value Volume
$9.00 $9.12 $8.99 $6.916M 762.7K

Buyers (Bids)

No. Vol. Price($)
3 4082 $9.09
 

Sellers (Offers)

Price($) Vol. No.
$9.11 3812 2
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Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
WEB (ASX) Chart
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