Massive Profits For Wotif Investors

The hard work now begins for Wotif after a spectacular debut on the ASX in which its share value increased by more than 65%. This followed heavy oversubscription of its public offer in which a lucky few – mostly at the big end of town – were able to buy shares in the hotel booking for company for just $2. Those same shares were worth $3.32 by the close of business on Friday. They are now trading around $3.40. CEO Graeme Wood said the company was firmly focused on growth: “The plan going forward is simply keep on doing what we are doing – grow the business in the Australian and NZ markets” while looking for international opportunities.

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • Live
  • NewsVine
  • Reddit
  • StumbleUpon
  • Technorati
  • Tumblr
  • TwitThis

Related posts:

  1. Windfall For Founders as Wotif.com Goes Public
  2. Slower Growth At Wotif.com
  3. Asian Branding On Table
  4. Profits Plateau For Web Leaders Webjet and Wotif
  5. Maturing Wotif Gets Punished For Slower Growth

Ad- Sabre Travel Trends 468x60 Jan 2012

Ad - Laterooms.com Oct 31 2011

Ad - Travelzoo, 120x240

Ad - Wego jpeg 120x240_s04

Get Adobe Flash player

Get Adobe Flash player


Get Adobe Flash player