Cheers mate, no argument with me.
Starting the half with an enterprise value of circa $NZ800 and losing around $NZ400 per half they are in an existential position. I do not query the board's CR decision at all- nor the details of the offer. And a CR that is well done can make a company attractive to new buyers- maybe not straight away.
Still getting my head around what could be a good entry- if any.
Good luck to all holders.
Ann: Air NZ updates on capital raise timing and liquidity, page-32
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| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.0¢ | $126.7K | 255.4K |
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| 2 | 35890 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 50.0¢ | 57654 | 2 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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| Last updated 15.45pm 17/05/2024 ? | |||||
| AIZ (ASX) Chart |