"In the middle of the technology boom, Computershare stock reached $9 but its infant globalisation attempt ran off the rails and the stock slumped to $1.50. Morris was publicly ridiculed in the press for buying $3 million of Computershare stock between $2.50 and $1.50."
Computershare are currently trading around $9 with a market cap of $5 billion.
Will this be the same story with webfirm with Morris buying at the bottom end and webfirm growing into a success story.
WFM Price at posting:
8.2¢ Sentiment: LT Buy Disclosure: Held
