I have been watching webjet for a while; working in an online environment i noticed them for their business model. Which of late has been quite fruitful.
I further research i found out that WEB has no debt with all its cash in the bank. This coupled with the low running overheads of the online environment ensure they have room to grow and reinvest all profits.
Over the past 5 years the average investor return has been 40.2%
The intrinsic share value is $0.55, last year it outperformed all of its targets.
I bought today at 0.37.
Definitely will buy more when i get some more cash.