Dilution Calculation, page-15

I've gone through Webjet's numbers over the past 10 years and they definitely pass my filters. I would still love the stock to go down even lower though so I can grab some more! Right now this is just below it's intrinsic value (I believe) but I wanna get at least 50% off. This stock will definitely recover because people will NOT stop flying for business, leisure or holidays.
This is just my bias - I hold this stock. Can anyone else support my confirmation bias? haha

If you wanna look at a risky business right now in the same industry just look at the actual airline companies themselves! - taking on massive debt, too much imho. Just look at Virgin Aus - management too aggressive with their leverage.
looooong runway until they take off again (pun intended)

At least Webjet's management is a bit sensible.