WEB 2.07% $8.40 webjet limited

record quarter increase, page-8

  1. 296 Posts.
    Personally am keen to see them doing something with their excess cash, S8 exercising their options increased the share base a fair bit without aiding much on the business, the money is just sitting in the bank and not adding seriously to profit, hence in my view causing a raised PE.

    Some capital measures and/or buying something with the money would IMO reduce the PE and hence be a catalyst for a share price increase.

    I too think this is a great share and this is one of the few things I can attribute to, though paying a small dividend also would extend it's appeal to people who want some income as well as growth prospects.
 
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