Yeah looking forward to getting my passport out of the bottom draw. Stamped, vaccinated free to travel.
Half year results are only 8 days away. Short position total 49M shares for 14.5% of the shock shorted Analyst forecast for FY21 EPS at -21. Some think it could be a high as -25. That's basically why its shorted. Monthly running cost are down 40% at $14.2m, includes salaries and capex and interest bill. Cash as at 30/6/2020 was $320M. So no capital raising required here. Revenue is the real unknown. Get that analyse right and we should be in the money. Internet page hits is the lead indicator for Webjet revenue.
WEB Price at posting:
$5.13 Sentiment: Buy Disclosure: Held
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