Wow - $232m for 19.98% and they keep the other 6% - wasn't the big number they had hoped for BUT it gets them off the hook for having to stump up for this $1billion CR that virgin is looking like having - if AIZ still held its full 25-26% then that would have meant them stumping up $250m just to save being diluted - so I see this as a positive for AIZ's cash position and its still being reported that there will be a special dividend which if the NZ government want the cash could mean something like $200m paid out giving the NZ gov 100m or so when it needs some coin..
Air New Zealand shares on the NZX are already up 3% this morning..
Ann: Proposed sale of part of Air New Zealand shareholding,AIZ-VAH.AX, page-2
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Last
53.0¢ |
Change
-0.005(0.93%) |
Mkt cap ! $1.751B | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.5¢ | 53.0¢ | $20.59K | 38.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 440005 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 95399 | 9 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AIZ (ASX) Chart |