Consider the big boys have kept the SP inflated to ensure Capital Raise was a success and underwriters weren't left holding the baby. If that is true then what is there to keep the SP at its current levels.?
I mentioned elsewhere total liquidity is now worse than it was pre Cap Raise.
There are a lot of people eager to jump on a plane now. And use those pre paid tickets.
How is the price of fuel looking?
Are other airlines (like quantas) eager to fly to NZ?
Consider the big boys have kept the SP inflated to ensure...
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50.0¢ |
Change
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Mkt cap ! $1.684B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 18 | 265066 | 50.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 91100 | 2 |
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