https://www.forbes.com/sites/laurabegleybloom/2020/06/27/airlines-coronavirus-travel-bankruptcy/#9b0fce5f6961 There will be less airlines so this could counter the margin growth of pent up demand. From my preliminary research it seems that the company only ever made 10% of current price as earnings, whilst this is good compared to the extreme over valuations of 100s times earnings in some companies I am not sure it is a big enough potential upside to cover the risk. I prefer companies making/growing by 30% and trading below NTA for funds or at below current PE of <20 for CURRENT earnings.
WEB Price at posting:
$4.08 Sentiment: None Disclosure: Not Held
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