I think you would need a pretty big pair to be entering the market for WEB at the moment. I sold out on Friday at a huge loss, but things would have been a lot worse if I had hung on.
I think there will be opportunities to buy WEB at much lower prices in the short term. I suspect it will drift lower over the next couple of months.
I don't subscribe to the thesis that WEB will go broke. FLT is not down as much as WEB. I would have thought having all of the shopfronts their fixed costs would be a lot higher than WEB.
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Last
$8.59 |
Change
0.020(0.23%) |
Mkt cap ! $3.359B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.71 | $8.56 | $9.335M | 1.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4285 | $8.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 2446 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WEB (ASX) Chart |