I was a holder of Webjet late last year when it dropped to around $10 because of the Thomas Cook collapse in the UK. Saw it drop below that mark and rise back quite nicely and picked up a few parcels with an average price of $11.50. I sold it all in early March at around the $10 price as to not sustain any more losses i could see coming. I say this to provide context.
I'm a big fan Webjet since coming across them last year. I like their business model, profitability and keen to see Web Beds move faster. also, was a fan of the rumours around a potential private equity firm making an offer.
I was waiting for the price to drop down to its CR value like many others. and it never came! on the day the CR shares hit the broker account the stock actually a
rallied! not a common occurrence.
so, when I listened to the PMs plans on how to re-open the country, I decided Friday was the day as it could only start improving from here. Webjet has cash till Xmas 2021 and we'll be moving by then.
I'm not expecting a Disallowed in 6 months, but I'm an bullish on the long term.
I'm in under $3, and don't really see a reason why any LT holder would disagree.
- Forums
- ASX - By Stock
- Sub $2 not looking likely
I was a holder of Webjet late last year when it dropped to...
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WEB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.83 |
Change
0.210(2.44%) |
Mkt cap ! $3.447B |
Open | High | Low | Value | Volume |
$8.66 | $8.84 | $8.60 | $11.09M | 1.261M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 62124 | $8.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.84 | 18174 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 421 | 9.480 |
1 | 90 | 9.270 |
2 | 232 | 8.830 |
1 | 2300 | 8.690 |
1 | 554 | 8.680 |
Price($) | Vol. | No. |
---|---|---|
8.550 | 141 | 1 |
8.830 | 21418 | 3 |
8.840 | 1000 | 2 |
8.850 | 113 | 1 |
8.860 | 2000 | 1 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
$8.81 |
  |
Change
0.210 ( 1.87 %) |
|||
Open | High | Low | Volume | ||
$8.67 | $8.83 | $8.61 | 192725 | ||
Last updated 15.59pm 05/06/2024 ? |
Featured News
WEB (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
Previous Video
Next Video
SPONSORED BY The Market Online