AIZ 2.97% 52.0¢ air new zealand limited

Ann: Air NZ updates on capital raise timing and liquidity, page-46

  1. 1,086 Posts.
    lightbulb Created with Sketch. 110
    Ok I think I understand now. I've chucked some numbers in a spreadsheet.

    Top purchase price is what I paid in 2020. I've made up the number of shares. I'm currently down on my original purchase. If I participate in the crap cap raise, I need to sell at 90c to get back to breaking even.

    If I leave them, got to wait for it to get back to $1.75 to break even. (obviously). If you're not planning to sell really soon, you'd be mad not to participate.

    https://hotcopper.com.au/data/attachments/4221/4221203-dc1d679ef7de76eb2f89c908b705dbf7.jpg
 
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