AIR - Air NZ.

[causecelebre]

The Sharesies FB page has been an utter blitz of Air NZ offer posts. Most of them by Sharesies. They have done live chats with Foran, etc. The marketing is real

[newtrader]

The Sharesies FB page has been an utter blitz of Air NZ offer posts. Most of them by Sharesies. They have done live chats with Foran, etc. The marketing is real

Marketing is very real, Sharesies have disclosed they are being paid by Air NZ to promote this offer

[peat]

Marketing is very real, Sharesies have disclosed they are being paid by Air NZ to promote this offer

wow that’s interesting
further costs to our flagship airline
i bet the underwriting fees are good too

[Dassets]

wow that’s interesting
further costs to our flagship airline
i bet the underwriting fees are good too

Depending on how the govt position has been handled ie get a underwrite fee for own stock, and bear in mind the govt will have had its own advisors, total direct fees, I guess, say $50m. Also note that the govt is selling circa 30m of its own rights. It is moving from 51.91% to 51% after the offer which is fully underwritten. The real pricing question will be what will be the bookbuild price. I find it remarkable that the public is being invited to bid in that but with no transparency on price setting mechanism nor any upper limit to price. That is where 20 years of "tighter regulation" has got us. I would bet if the NZX under the former member model still was with us that this situation would not be permitted. Sad.

[iceman]

Marketing is very real, Sharesies have disclosed they are being paid by Air NZ to promote this offer

Air NZ Chair:
"Sharesies had 100,000 customers who were shareholders in Air New Zealand, making it an important investor base for the airline, she said. Combined, Sharesies investors hold about 6 per cent of the airline’s shares.

"They're actually a highly engaged audience.""

Good luck to them. Not much confidence starting with this sort of crap: https://www.stuff.co.nz/business/ind...-strike-action

[Muse]

Marketing is very real, Sharesies have disclosed they are being paid by Air NZ to promote this offer

Anyone else find that disturbing & and a bit 'icky' ?

[nztx]

Anyone else find that disturbing & and a bit 'icky' ?

I'm not complaining .. someone took a fancy to my RGTs at a fairly good price and flew away quite happy

[Beagle]

Air NZ Chair:
"Sharesies had 100,000 customers who were shareholders in Air New Zealand, making it an important investor base for the airline, she said. Combined, Sharesies investors hold about 6 per cent of the airline’s shares.

"They're actually a highly engaged audience.""

Good luck to them. Not much confidence starting with this sort of crap: https://www.stuff.co.nz/business/ind...-strike-action

You'd want "danger money" to be breathing in everyone else's fumes on board a thin aluminum capsule. If AIR keeps up those tactics they won't have any staff left.

Anyone else find that disturbing & and a bit 'icky' ?

They market their platform as being no frills and no advice and then go on to promote the merits of this capital raise because its in their financial interest.
How much are they being paid, 30 pieces of Silver ?

[Waltzing]

"30 pieces of Silver"

its the roaring twenties all over again but wait MR B.

Reminds one of many cap raises and share floats over the ages.

Was wondering when the party over at SHAZ head quarters would melt down into a "well we sell rights to shares we hold in trust and WHO CARES!"

No MONEY from the SHAZ and the party stops.

AIR will do anything to get this one done and the money in the bank or they are Bank RUPT.

[Beagle]

The "ethics" of what Sharsies are doing here to their otherwise poorly informed and certainly not professionally advised customers is really jarring to say the very least.