presumably they’ll be taking a look, but I think it’s unlikely given their current liquidity and trading conditions. They would need to raise a tonne of new equity which would be highly dilutive and I can’t see the NZ govt tipping in (who own ~52%) so they would need support of a few large existing and new instos. Lot of PR/reputation risk especially given their history with Ansett. That said you here’s definite strategic merit and I’d be supportive as a new shareholder.
Time to buy, page-94
Add AIZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.633B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 48.0¢ | $174.2K | 361.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 102052 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 477181 | 23 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AIZ (ASX) Chart |