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Mystery Investor Seeks Stake: Could They Be the Next Big Player in Webjet's Future?
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The news: A mystery investor is aiming to purchase as much as 5% of the shares in Webjet Group, according to an announcement made following a surge where the company’s stock price jumped more than 16% on Thursday.
The numbers: Webjet stated that the investor aimed to purchase 19.6 million shares at a set cash price of 80 cents each, retaining the option to expand the offer size as they see fit.
Webjet's shares ended trading at 80 cents.
The online travel firm stated that the anonymous purchaser held less than 5% of shares with their specific interests kept under wraps.
The context: After receiving an inquiry from the ASX regarding its stock price due to the absence of recent announcements, Webjet released these numbers.
Original article: https://www.vtrik/briefing/mystery-investor-looks-to-acquire-5-of-webjet-shares-23d59983-c56a-4884-b51b-679dadd00506
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