Agree the share price seems to have bottomed out. Has shown some bounce despite the broader market suffering falls. The sp has dropped a lot so the low p/e of 10 and dividend of 10% (if maintained) look good. The sp is at a five year low and wotif remains a market leader in online travel.
The new CEO may have tried to bring the sp down to look better later. Even though there were comments about the company's costs going up, the downgrade did not seem that great and the company is obviously making plenty of cash still.
WTF Price at posting:
$2.44 Sentiment: Buy Disclosure: Held
