Mr Guscic said the cash being raised – above a minimum $275 million target – would be sufficient to last Webjet through to the end of calendar 2021.
Other smaller epidemics, such as SARS, have been marked by a V-shaped recovery, with a rush of travelling once the illness is contained. Mr Guscic believed the cash would also suffice if a rebound from coronavirus was slower.
“The amount of capital supports us in a U-shaped recovery,” he said.
Mr Guscic said Webjet would also register for the federal government’s new JobKeeper program, which gives staff $1500 a fortnight to be retained instead of sacked.
Mr Guscic said the cash being raised – above a minimum $275...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.40 |
Change
-0.100(2.22%) |
Mkt cap ! $1.589B | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.52 | $4.36 | $11.01M | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13207 | $4.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.42 | 19062 | 4 |
View Market Depth
| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |