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Webjet Ltd (WEB) $5.36

On-line travel business WEB looks very similar to its storefront (and digital) rival FLT, the company delivered an ok result in May with revenue coming in up 258% to $138mn plus importantly operating cash flow of $71.5mn. We prefer WEB to FLT but can see the stock trading with a $4 handle in the coming months.

MM is neutral WEB
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Webjet Ltd (WEB)
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