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51.0¢ air new zealand limited

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JCoure

34,959 Posts.

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20/04/20

15:47

Post #: 44145880
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Originally posted by trader1221: ↑

I can't agree with you that Foreign Investment controls are automatically xenophobic.

There are many reasons for such controls, and a lot of political complexity behind them.

While it would be nice for all those of us who are rich enough to even own shares to profit even more from a 'free for all' investment by foreign investors and governments... there are other considerations that need to be made.

A level playing field for one. Can the New Zealand government purchase meaningful stakes in the flagship Chinese airlines and other critical industries? Should we be allowing our best companies, as you put it, be bought up by foreign owners? China certainly isn't letting foreigners buy up theirs. And they've been doing rather well of late.

We're seeing globally right now what happens with over-reliance on foreign capital and supply chains. FDI is crucial to countries like New Zealand, but it needs to be regulated and considered strategically, in the interests of our long term future... not the short term interests of making the rich, richer.

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why would anyone want to buy stock in Chinese airlines? Do you know how badly they are run, their customer service (there isn’t any) and the amount of graft in them?

AIZ Price at posting: $1.33 Sentiment: Buy Disclosure: Held
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Last 51.0¢		Change 0.000(0.00%)		Mkt cap ! $1.709B

Open	High	Low	Value	Volume
51.0¢	51.5¢	50.3¢	$435.2K	857.0K

Buyers (Bids)

No.	Vol.	Price($)
2	32395	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	32	1

View Market Depth

No.	Vol.	Price($)
1	5395	0.510
6	146481	0.505
16	155295	0.500
15	175911	0.495
15	229865	0.490

Price($)	Vol.	No.
0.515	103240	7
0.520	30221	7
0.525	90391	6
0.530	191743	13
0.535	31368	5

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