WEB 3.11% $5.64 webjet limited

The wings are falling off

  1. 10,373 Posts.
    lightbulb Created with Sketch. 4
    Interest to see how a company's spin doctor can frame a press release to give the impression they want.

    WEB's announcement of their October sales number comes with the proclamation:

    "This represents an increase in October 2002 of nearly 65% and follows our first quarter ended 30th September 2002, which totalled $5.1 million,
    up from $2.3 million the same quarter last year."

    Reality is that in October 2001 WEB were basically still in a start-up mode - hence comparison's to such a period are essentially meaningless.

    Stated more honestly would be that monthly sales for the last 7 months are STATIC - at around $1.7-$1.8 mio per month.

    Based on current performance and expenditure that gives WEB just over 6 months of cash left.




 
watchlist Created with Sketch. Add WEB (ASX) to my watchlist
(20min delay)
Last
$5.64
Change
0.170(3.11%)
Mkt cap ! $2.146B
Open High Low Value Volume
$5.58 $5.64 $5.53 $11.57M 2.066M

Buyers (Bids)

No. Vol. Price($)
2 5482 $5.62
 

Sellers (Offers)

Price($) Vol. No.
$5.64 39106 5
View Market Depth
Last trade - 16.10pm 16/05/2022 (20 minute delay) ?
(live)
Last
$5.64
  Change
0.170 ( 3.51 %)
Open High Low Volume
$5.60 $5.64 $5.53 408387
Last updated 15.59pm 16/05/2022 (live) ?
WEB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.