Only my opinion
I think BYOjet needs the money and distribution so that it can scale , travel is a very tough business these days and scale is what is needed to suceed
Why do you think wotif sold out to expedia ?
Lets say flight centre ultimately pay's 50 million to fully own byo jet its still cheap.
remember there p e ratio is 15 so EBITA of 2.6 million is worth 39 million to there value and lenny and team have done all the work
The part i hate is that the share price wont reflect any of this in a major way until we see the $$$$ in the bank
Merry xmas
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Only my opinion I think BYOjet needs the money and distribution...
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