WEB 0.11% $9.23 webjet limited

Covid-19 dying, flights will resume sooner than expected, page-188

  1. 4,632 Posts.
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    What you are saying is that you expect travel stocks to go down in the next few months, on that basis why would you hold now?

    They have just had to do another cap raise to keep the doors open as they don't see anything picking up in the next 12 months. These warrants will also heavily dilute the company further if converted capping any real upside.

    You can keep sticking your heads in the sand about this, but the reality is that whilst covid numbers go up it will affect their business. People won't be traveling regardless of whether they open borders or not.

    We are heading back into having a $2 as a handle on the share price. I'll be buying the stock back then. I still hold some, but their is a massive divergence to reality in this stock.
 
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