WEB 2.07% $8.40 webjet limited

Ann: WEBJET ANNOUNCES A $275 MILLION EQUITY RAISING, page-143

  1. 442 Posts.
    lightbulb Created with Sketch. 45
    Good analysis, but you can't "but now at $3.11 and take up the 1-1 offer". That door is closed and buying now does not entitle you to the 1-1 offer. So looks like a PE of 16 assuming WEB can get quickly back to the profit levels of last year. This is a pretty big ask at the moment but then a PE of 16 is pretty low for this company looking further out. DYOR.
 
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