If the company has been trading as an insolvent entity the directors would be locked up by now for non disclosure to the ASX. Short term debt does not constitute insolvency .Forward earnings or ability to refinance will determine viability.If there are debtors chasing money I'm sure Webjet is chasing money as well. Everyone is in the same situation and hence I do not see a domino effect.Its in no one's interest. Takeover is best option .Recent remarks from the company indicate there is some confidence within however I'm not sure if that is a smokescreen .As history shows good management is key to success .Let's hope they are good managers
WEB Price at posting:
$3.76 Sentiment: Hold Disclosure: Held
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