WEB web travel group limited

I'm angry at myself. I didn't take a look at their balance sheet...

  1. 960 Posts.
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    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

 
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(20min delay)
Last
$4.49
Change
-0.060(1.32%)
Mkt cap ! $1.622B
Open High Low Value Volume
$4.54 $4.60 $4.49 $12.89M 2.857M

Buyers (Bids)

No. Vol. Price($)
4 8489 $4.48
 

Sellers (Offers)

Price($) Vol. No.
$4.52 21885 2
View Market Depth
Last trade - 16.15pm 26/06/2025 (20 minute delay) ?
WEB (ASX) Chart
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