Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Webjet (WJL AU) (Further) Rolls Over After Ariadne & BGH Terminate Co-Op

Webjet (WJL AU): Helloworld Steps Up As Weiss/BGH Seek Board Spill

Webjet (WJL AU) In Play: BGH/Weiss' NBIO And Helloworld's Substantial Stake

Webjet (WJL AU): Undisclosed Buyer Buying

Quiddity Advisors

Event-Driven

<ul>
<li>After some competitive jostling late last year, <a href="https://www.smartkarma.com/entities/helloworld-travel-ltd" target="_blank" data-smartkarma-citation="entities:16134:1" rel="noopener">Helloworld Ltd (HLO AU)</a> and BGH Capital tabled all-cash NBIOs for digital travel agent <a href="https://www.smartkarma.com/entities/webjet-group-limited" target="_blank" data-smartkarma-citation="entities:45177:1" rel="noopener">Webjet Group (WJL AU)</a> at A$0.90/share and A$0.91/share respectively. </li>
<li>Following protracted due diligence, neither suitor firmed proposals worthy of putting to shareholders, and Webjet subsequently ceased discussion on the 13th February. The share price promptly cratered.</li>
<li>Katrina Barry has now resigned as chief executive - less than two years into her new role - and just five weeks after the departure of her boss, David Galt.</li>
</ul>


After some competitive jostling late last year, Helloworld Ltd (HLO AU) and BGH Capital tabled all-cash NBIOs for digital travel agent Webjet Group (WJL AU) at A$0.90/share and A$0.91/share respectively. 
Following protracted due diligence, neither suitor firmed proposals worthy of putting to shareholders, and Webjet subsequently ceased discussion on the 13th February. The share price promptly cratered.
Katrina Barry has now resigned as chief executive - less than two years into her new role - and just five weeks after the departure of her boss, David Galt.


Webjet (WJL AU): CEO's Surprise Exit May Kickstart Takeover Discussions