AIZ 1.03% 49.0¢ air new zealand limited

There are approximately 3.3b shares on issue. 14.8m new rights...

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    There are approximately 3.3b shares on issue.
    https://hotcopper.com.au/data/attachments/4801/4801728-e2952aac26d11a0afaccb08e949203f0.jpg

    14.8m new rights have been issued so if you divide by the shares on issue, you can work out the level of dilution ie: 0.4% which is next to nothing. There is NIL consideration (ie they are free shares) if they vest, just performance criteria.

    The upside is that if they do vest then the company 'hopefully' has been performing well in which case any increase in SP will likely offset the dilution. DYOR of course.
    Last edited by islandmurray: 02/11/22
 
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