Bell Potter have a price of $2.98 on this so I think $3 is pretty close. If these guys managed to increase profits 40% last year in a bad year then I'd say 40% again this year is definitely doable which at $3 would only be a PE of 15.5.
As for selling shares, well someone has just exercised 170K and 50K worth of options. Sounds possible David Clarke sold some shares to exercise Options. We'll find out in a couple of days.
what a close here comes $3, page-3
Add WEB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.74 |
Change
-0.065(0.83%) |
Mkt cap ! $3.050B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.89 | $7.66 | $3.015M | 389.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2632 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.74 | 3260 | 22 |
View Market Depth
| Last trade - 10.42am 30/08/2024 (20 minute delay) ? |
| WEB (ASX) Chart |