Webjet Limited (WJL.AX) – Dalius – Special Sits
Pitch Summary: The author argues that Webjet Group ($WJL.AX) is at the center of an emerging takeover contest following a rejected A$0.80/share bid from BGH Capital. Despite the rejection, the stock trades above the offer price, reflecting expectations of a higher bid, especially as BGH accumulated much of its ~11% stake around A$0.80. Competing interest […]
Webjet Group Ltd (WJL.AX) – Dalius – Special Sits
Pitch Summary: The author is tracking an evolving special-situations setup in WJL.AX, where an anticipated sale appears to have stalled following a large buyback announcement and a $17 million acquisition in the travel services space. Despite this apparent shift away from a sale process, activist investors Weiss and BGH have continued to increase their stake […]
