A Cautionary Tale of Falling Knives & Dollar Cost Averaging....
WEBJET!.
I am sure there were folks feeling like WEB was a bargain at various points on the way down to where it is now...an 80% loss from Corona sell-off..Marked in blue is $275 million Capital Raising @ a heavily discounted $1.70 per share..Is it a bargain now? Maybe...Who wants to find out!.WEB won't be the only company to go through this process....
