Webjet may well survive, but the question is who will be the owners? The risk for shareholders is that this never comes out of suspension, and the company assets and potential are sold off to someone else. It may not that bad, but it is difficult see where the money will come from for even a massively dilutory raising. Just not enough net assets. Great company, terrible luck.
WEB Price at posting:
$3.76 Sentiment: None Disclosure: Not Held
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