I'm angry at myself. I didn't take a look at their balance sheet before investing. Was blinded with their WebBeds growth. More fool me. When you take out their intangible assets of $888M, they have basically been trading insolvent for a quite a while. As of Dec 31st total assets (after you remove their intangible assets) are $263M less than their total liabilities.
I've invested heavily in Webjet so I really hope they can survive this crisis. But with a large amount of debt, a weak balance sheet, and zero revenue, I don't know how their going to. Fingers crossed for a rescue.
Good luck to all. I hope our investment makes to the other side.
DYOR
Ann: Trading Halt, page-150
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WEB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.77 |
Change
0.020(0.23%) |
Mkt cap ! $3.430B | |||
| Open | High | Low | Value | Volume |
| $8.80 | $8.97 | $8.76 | $12.32M | 1.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7325 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.82 | 4050 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| WEB (ASX) Chart |