Has been spluttering along between .80 and .90 for some weeks.
► National airline ► State-sponsored ► Virgin in trouble in this part of of the world potentially means less comp in AUS/NZ ► Travel at some point will be lifted.
For me, I didn't really need to go and trawl through their fin statements to know this was a good buy between .80-.90, too many positive macro indicators.
Grabbed 3.5k shares @ .861 avg.
Will be getting more if they do an offer as well...
Only issue I have is apparently after doing some research about the board, it's not as strong as what it could be, But maybe with a few globals going bust, there might be some terrific talent around to energise the Air NZ board...
AIZ Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
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