AIZ 1.03% 48.0¢ air new zealand limited

Ann: Air NZ updates on capital raise timing and liquidity, page-215

  1. 2,905 Posts.
    lightbulb Created with Sketch. 434
    I'm not sure how you get earnings supporting an SP of $3 - $4. They were making a loss of 27 cents a share.

    As for the glory days, say 2018, they made a $390m net profit and shareholders got a $0.22 cent per share all up dividend.

    So at very best shareholders could expect is a $0.7 dividend at some distant point in the future.

    Shareholders are probably better off becoming an employee of AIR - because back then staff got an $1,800 bonus payment. $15m was neither here nor there for management then.

    And for context jet fuel was $84 a barrel. And AIR was an international airline
 
watchlist Created with Sketch. Add AIZ (ASX) to my watchlist
(20min delay)
Last
48.0¢
Change
-0.005(1.03%)
Mkt cap ! $1.633B
Open High Low Value Volume
48.5¢ 48.8¢ 48.0¢ $95.00K 196.0K

Buyers (Bids)

No. Vol. Price($)
41 672074 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.5¢ 15962 2
View Market Depth
Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
AIZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.