AIA 0.00% $6.96 auckland international airport limited

NZ Govt will highly likely scupper the deal as they have said...

  1. 2,899 Posts.
    NZ Govt will highly likely scupper the deal as they have said AIA is a strategic asset of national importance and so it must be controlled by NZers ... Canadians have said even though they may end up owning 40% they will only have voting power of 24.9% to try and placate the politicians ....

    Shares have raced up this arvo indicating maybe the chances of success are viewed more highly today ( been a very hot topic over here ) .... sell to the offer at 359 and buy back on the market at 250 ( 225 this morning !! ) could be the trade going on at present.

    Disc: hold 6500 ( bgt at 215 a week ago ) and have offered them to the canadians ... hope they are allowed to buy them !!!

    Great investment at these levels either way ... very successful airport.
 
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