A US investor, Denver Investments, has become one of Webjet’s biggest shareholders, accumulating a 7.15% stake in the Australia OTA over the past eight months. It’s been buying consistently since October. Webjet’s share price has softened of late, falling around 20% over the couple of months. At the time of writing its share were selling for $4.19 The stock was worth less than half that two years ago.
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