WEB 1.00% $8.89 webjet limited

WEB had approx 135 million shares on issue, now it will have 335...

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    WEB had approx 135 million shares on issue, now it will have 335 million on issue.

    $3.50 share price at 335 million shares = market cap $1.17B

    which is equivalent to a $8.70 share price at 135 million shares

    Considering tourism is dead for the next 6 months and will be struggling for at least the next 6 months after that anybody paying $3.50 today thinking they've got a bargain is crazy!
 
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