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 thecrapcap 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.
Ann: Air NZ updates on capital raise timing and liquidity, page-46
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49.0¢ |
Change
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Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 49.0¢ | $107.7K | 219.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 41398 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 467657 | 14 |
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