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05-04-2022, 12:44 PM
#19701
Note the mkt cap of the rights now $965m plus AIR at $1045 = $2010m. To make it apple with apples with old price divide value by nos of old shares, ie 2010/1122 = $1.79. Increase from Friday 179/127.5 = 40%.
Did I miss the takeover offer?
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05-04-2022, 12:58 PM
#19702
Junior Member
The AIRRG shares are offered around the 79 Cents. If you buy 10,000 of them, you can buy 20,000 shares of AIR after 26 April at 53 Cents each.
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05-04-2022, 01:04 PM
#19703
Originally Posted by bassamrassam
The AIRRG shares are offered around the 79 Cents. If you buy 10,000 of them, you can buy 20,000 shares of AIR after 26 April at 53 Cents each.
I thought it was pay 53 cents x 10,000
and get 20,000 shares of AIR
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05-04-2022, 01:16 PM
#19704
Originally Posted by bassamrassam
The AIRRG shares are offered around the 79 Cents. If you buy 10,000 of them, you can buy 20,000 shares of AIR after 26 April at 53 Cents each.
so your 20,000 shares will have cost you 92.5 cents each ..... sounds a good deal
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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05-04-2022, 01:28 PM
#19705
Can someone else cast their eyes over the listing rule below. It would seem to me that AIR released the notice on the 31st Thursday, went ex on Monday 4th. There is 1 business day between. Where are the 4 clear business days? That time is meant to be there to allow the rights issue to be understood.
Rule 4.17.6 For an application to NZX for Quotation of Rights under a Rights issue of Equity Securities, notice in a manner and form required NZX must be completed and supplied to NZX through MAP including any QRP notice(unless the QFP has already been released through MAP). If such Quotation is granted:
(a)such notice must be released through MAP no later than 5 Business Days before the Ex Date for the Rights Issue,
Last edited by Dassets; 05-04-2022 at 01:41 PM.
Reason: format failure
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05-04-2022, 01:29 PM
#19706
It's not just these 'sharesies people'' and mum and dads' - instos and sophisticated investors piling in as well - Kiwi and Aussie ones as well
Bright things ahead for AIR - so many can't be wrong
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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05-04-2022, 01:38 PM
#19707
Them Head shares may well be back up to circa $1.53 in no time, the way things are going..
Let's not worry about hard to understand fundamentals, lack of a dividend for yonks or the ship
belching out more red ink than all the South Island meatworks (No one really wants to
even understand or know about the extent of Red, when Uncla Grant is smiling at the job)
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05-04-2022, 01:46 PM
#19708
Originally Posted by winner69
It's not just these 'sharesies people'' and mum and dads' - instos and sophisticated investors piling in as well - Kiwi and Aussie ones as well
Bright things ahead for AIR - so many can't be wrong
I see you have applied the "duck test" lol https://en.wikipedia.org/wiki/Duck_t...ears%20to%20be.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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05-04-2022, 01:52 PM
#19709
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05-04-2022, 02:01 PM
#19710
Originally Posted by Dassets
Can someone else cast their eyes over the listing rule below. It would seem to me that AIR released the notice on the 31st Thursday, went ex on Monday 4th. There is 1 business day between. Where are the 4 clear business days? That time is meant to be there to allow the rights issue to be understood.
Rule 4.17.6 For an application to NZX for Quotation of Rights under a Rights issue of Equity Securities, notice in a manner and form required NZX must be completed and supplied to NZX through MAP including any QRP notice(unless the QFP has already been released through MAP). If such Quotation is granted:
(a)such notice must be released through MAP no later than 5 Business Days before the Ex Date for the Rights Issue,
A complete fiasco.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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