i wonder why the share price has been weak in the lead up to the conversion dates as outlined in the chairman's address today
"Webjet Limited will maintain its conservative balance sheet and strong net cash position after the demerger. The existing $250 million convertible notes due in April 2026 will remain with the Company and in accordance with their terms, the conversion price will be adjusted downwards based on a formula referencing the Webjet Limited share price in the 10 trading days to 20 September, and the Webjet B2C price in the 5 trading days from 23 September."
its amazing how a price can be manipulated to suit an agenda
WEB Price at posting:
$7.50 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)