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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$4.58 |
Change
0.030(0.66%) |
Mkt cap ! $1.644B |
Open | High | Low | Value | Volume |
$4.54 | $4.58 | $4.54 | $97.56K | 21.43K |
Buyers (Bids)
No. | Vol. | Price($) |
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20 | 13439 | $4.57 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.58 | 1975 | 4 |
View Market Depth
No. | Vol. | Price($) |
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13 | 1853 | 4.540 |
14 | 7239 | 4.530 |
14 | 24631 | 4.520 |
17 | 35710 | 4.510 |
14 | 33250 | 4.500 |
Price($) | Vol. | No. |
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4.550 | 2480 | 5 |
4.560 | 6103 | 14 |
4.570 | 15547 | 11 |
4.580 | 10393 | 12 |
4.590 | 38666 | 12 |
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