FLT 1.36% $21.62 flight centre travel group limited

Webjet capital raising has been oversubscribed, accordingly they...

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    Webjet capital raising has been oversubscribed, accordingly they have raised more capital than requested. Probably indicates it was underpriced, but existing shareholders will be able to participate substantially at the heavily discounted price. Shares have opened at a 76% premium to the $1.70 issue price and a 20% premium to the TERP.
 
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