Thanks all. My first posting on Webjet. I am curious why this stock has been shorted for so long.
Webjet's traditional business has a growing number of competitors, so it needs to keep evolving to stay ahead of the pack and protect it's market reputation and positioning.
I have been doing some research on its WebBeds subsidiary. Impressive and smart business - it is this part of Webjet that I think will continue to differentiate it from its competitors and keep it on its impressive YOY growth path. Key ingredients:
* global B2B market place ... early mover advantage
* Rezchain ... blockchain ... helps to solve a reconciliation problem between B2B market participants ... clip rate per transaction.
* Rezchain .... IP .... can can this be applied to other transaction types
* WebBeds Destination Index (WDI) .... collecting valuable global data with each transaction ... data has $$ value ... predictive capability
* Using WDI predictive capabilities to enter and exit (reduce) market involvement in countries to optimise growth and minimise cost - clever
Worth a read:
https://www.webjetlimited.com/wp-content/uploads/2019/11/UBS-Australasia-Conference-presentation-November-2019.pdf
I am looking forward to the next market update in February 2020.
This is not investment advice. Please DYO research and make you own investment decisions.
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$4.55 |
Change
0.020(0.44%) |
Mkt cap ! $1.644B |
Open | High | Low | Value | Volume |
$4.55 | $4.69 | $4.48 | $15.27M | 3.335M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 13461 | $4.54 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.59 | 13461 | 3 |
View Market Depth
No. | Vol. | Price($) |
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3 | 13461 | 4.540 |
3 | 34734 | 4.530 |
2 | 8733 | 4.520 |
2 | 9000 | 4.510 |
2 | 1884 | 4.500 |
Price($) | Vol. | No. |
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4.590 | 13461 | 3 |
4.600 | 12280 | 2 |
4.610 | 8512 | 2 |
4.680 | 4759 | 1 |
4.690 | 16901 | 4 |
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