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18:31
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Originally posted by Hudgo:
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My perspective is that you only need to ask yourself one question. What will the stock price be in say 4-5 years time? If you would guess minimum $8, include inflation into your guess with the enormous amount of printing that is happening, than that low figure alone is 20 percent gain a year... not bad. For the best vaccine information, google Bill Gates updates on where we are at, there’s a very strong chance we will have a vaccine in 2021, with the richest countries being vaccinated first, and the opportunity to create travel bubbles as they say. People are absolutely desperate to travel, they haven’t been deterred. Now for Webs survival, they are essentially an e-commerce business, and have shown they can adapt to build growth in other zones if required (Web-beds), adapting and shifting your business is a tricky skill that they have already proven they can do. They also have an enourmous opportunity to pick up all the businesses in the travel arena who don’t have the luxury of equity raises to hold them afloat. With this opportunity they must be licking their lips. Covid could be the best thing to ever happen to Webjet, and that is no joke.
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Australia is a $54b travel economy.....the potential is huge....4-5 yrs this will be more than $8 ...IMO ...DYOR
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