Veecat,
I think you are promoting a worst case scenario.
Quite a lot of bad news is already factored into the share price and the PE ratio of 10 and dividend of 10% (if held)reflect the deep discount that the share is trading at.
The share price is lower than the original price the share was floated at. It is at a five year low and stacks up considerably better than WEB which has a 30 PE ratio for example. In short there is a big buffer of safety to buy WTF.
Wotif does have market presence that is not just going to disappear in the dead of night.
Veecat,I think you are promoting a worst case scenario.Quite a...
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