Could be worse. Singapore airlines has run through half of the $6.4 billion it raised in just 2 months (some debt paid of etc).
WEB has done a great job in cutting costs, the $10 Mill burn per month is better than i anticipated. It's just the nature of the beast sadly, good company in an industry hammered by things beyond there control.
I still think there will be a huge market sell off, looking at company's reporting this week and share prices there is just a massive, massive disconnect.
Risk at the moment is weighted massively to the downside for mind, Dow at all time highs and half the country unemployed on Government stimulus handouts. Good times!
Good luck with your trades.
WEB Price at posting:
$3.23 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)