bought this and keeping it for long.......its in the XTX index...

bought this and keeping it for long.......its in the XTX index and one of the under performers due to C-19, but like you said it will fly and reach new heights once restrictions are lifted.

The company is cashed up with 2 CR's,
Competition will be less with closure of smaller, non profitable companies.
New entrants need time to establish and settle.
People would want to travel after C-19, this is a $54b industry. People would have additional savings to spend on travel.
Airlines and accomodation would give good deals to revive the industry, which benefits WebJet to make more sales

I don't mind doubling up under $2.92-$2.85 range....IMO. DYOR

To start of with, I have model the stock price (intrinsic value) assuming that once the C-19 restrictions are lifted, we will at-lease cash flow similar to 2019 (low range) and get a SP of $6.43

	Growth rate %=	80
1		year
2		1	2	3	4	5	6	7	8	9	10
3	Cash Flow	13	23.4	42.12	75.816	136.4688	245.64384	442.158912	795.886042	1432.59487	2578.67077
4	NPV Discount 12% rate	0.8929	0.7972	0.7118	0.6355	0.5674	0.5066	0.4523	0.4039	0.3606	0.322
5	NPV=	11.61	18.65	29.98	48.18	77.43	124.44	199.99	321.46	516.59	830.33
6
7
8		Intrinsic Value	2,178.67
9		Outstanding shares	339
10
11
12		Intrinsic Value /SP	$6.43