25% market share can erode very quickly when you are 10% more expensive than competition, or perhaps this was always the case?
Google are moving into online travel so expect them to come into WTFs space also. I don't see a bright future in the medium term here.
WEB had eps of 11c so annually that's 22 and a PER of 15.
expecting target price < $2.49?, page-17
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