Agreed, especially given that AIZ is more than 50% government owned. I was hoping for a much more favourable bail out loan package.
On the bright side, AIZ is a monopoly more or less, and it is very unlikely that it'll ever go down. Given the worse positions of Qantas, Virgin etc, as well as some other APAC regional airlines, I am hoping that we may see increased market share from 21 onwards.
Ann: AirNZ enters loan facility & cancels 2020 interim dividend, page-7
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50.5¢ |
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Mkt cap ! $1.701B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| AIZ (ASX) Chart |