They're the questions in front of Webjet's directors, who are readying to go cap in hand to investors but are yet to decide exactly how and for how much.
In one hand are Webjet's already beaten-up shareholders, who are down 71 per cent on their investment this year and are understandably worried about their company going belly up.Webjet addressed a handful of the faithful institutions in calls on Thursday, updating them on the situation and telling them it could take another few days before the board would know what to do...
The other option is trying to progress a couple of private equity-backed funding proposals, which were said to be subject to the usual terms and conditions, and structured as convertible and/or preference shares.
WEB Price at posting:
$3.76 Sentiment: Buy Disclosure: Held
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