My thoughts exactly! Especially after I read the announcement today about KKR becoming a substantial holder. KKR is a huge, global private equity company that specialises in buying companies, then selling it in parts, or the whole.
In many cases, these private equity guys buy a company (usually a struggling one), then artificially inflate the share price by pumping money into it, at which point they sell out. But in other cases – and I think Webjet is one of these – they see real value in the company and grow it for future sale.
Just speculating here... I wonder if the separation of Webjet and WebBeds is Gusic taking advance measures to prevent a takeover of the company while it includes both divisions? I think that would be smart, as WebBeds is worth more as an independent company than when joined with the OTA division. Are KKR becoming a substantial holder while WEB still includes both divisions in order to have leverage over the decision to split? Or to build a position when they do? Just musings...
In any case, I think both of today's announcements are good news.
- Forums
- ASX - By Stock
- Ann: Update on separation of WebBeds and Webjet B2C
My thoughts exactly! Especially after I read the announcement...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WEB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.60 |
Change
-0.020(0.26%) |
Mkt cap ! $2.972B |
Open | High | Low | Value | Volume |
$7.61 | $7.65 | $7.50 | $12.80M | 1.692M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3992 | $7.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.61 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 7.510 |
3 | 15663 | 7.500 |
1 | 1000 | 7.450 |
3 | 7172 | 7.440 |
1 | 2680 | 7.430 |
Price($) | Vol. | No. |
---|---|---|
7.610 | 500 | 1 |
7.770 | 670 | 1 |
7.780 | 134 | 1 |
7.790 | 1608 | 1 |
7.800 | 207 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
WEB (ASX) Chart |