Hey, Death Trap MokeIf we assume this is a dog and thus you have...

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diddycat

4,132 Posts.

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01/04/22

06:58

Post #: 60566075
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Originally posted by minimoke: ↑

For a start the company has valued the shares at $0.53. If I offer you something for $x and you accept my offer of $x what is the market value of my something.

Net tangible assets are running at around NX $0.50. And I think that is generous with not much flying happening globally.

Its a loss maker. No sign of profit and certainly no sign of dividend for years.

Its essentially illiquid. The only reason it hasn't got into receivership is the govt keeps propping it up with loans. It can't stand on its own two feet.

There are a lot of people sitting on flight credits and Air Miles. So real revenue is restrained.

The capital raise is essentially to tidy up the balance sheet by paying down debt. It isn't being used for new routes aircraft services or any revenue growing exercise. So wait for the impact of the share dilution.

Looking forward it still has to find $5b for new planes. So another capital raise or two and even mo share dilution.

Air is essentially a government department and they are worth nothing.
Take the average value of the three shares and you get closer to $.050.

Its a dog that is burning cash and will continue to do so.

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Hey, Death Trap Moke

If we assume this is a dog and thus you have some brains why are you pumping other dogs

Forget that I just figured it out . Dumping and pumping. Its HC what else do you expect on here

AIZ Price at posting: $1.20 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 53.0¢		Change 0.000(0.00%)		Mkt cap ! $1.751B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	19	53.5¢

Sellers (Offers)

Price($)	Vol.	No.
53.0¢	307	2

View Market Depth

No.	Vol.	Price($)
1	19	0.535
22	408768	0.530
6	133604	0.525
14	510717	0.520
4	405942	0.515

Price($)	Vol.	No.
0.530	307	2
0.535	208079	11
0.540	62506	7
0.545	265451	8
0.550	158074	14

Last trade - 09.45am 31/07/2025 (20 minute delay)

AIZ (ASX) Chart

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