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12/05/20
13:15
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Originally posted by Kotaredrew:
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Ha ha! Lol! $1- Bahaha! When it crashed mid March it hit about $2.25 and it’s high is $12.48ish. Low share issue, industry has been hit and company has been hit- much like the travel industry has in general. Looking forward- where can you see it in 2 years- people flying, holiday ing again and company has cut its costs to get through this period. Not like airline companies who have all the money tied up in the planes, staffing etc. Will ride this out- reckon we’ve hit our lows- unless the sky falls in again- but lots of upside from here. Long term hold for me as I look towards share price 3/4 bagging in a few years and start to collect some divis again. Traders out today after a lower price- understandable- and many taking profits off the table- smart investing!
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low of $2.25 was pre massive raising though Webjet need international travel to happen otherwise it will struggle. Can’t see much international travel happening this year