AIR - Air NZ.

[Maxtrade]

Surely but slowly as expected SP retracing to around CR 0.53. The sow tyre leak to get there

[Waltzing]

worth starting to do some numbers on the next release of financials.

[Dassets]

worth starting to do some numbers on the next release of financials.

Time to start agitating for a FMA investigation more like it. Questions I would ask, how did the share price stay supported prior to "fleecing" day. What has driven the stock price action since. Did disclosure meet the needs and requirements of the investor pool as per FMCA requirements. Cash ripped up so far by the public that took the stock, circa $275m. Cash ripped up by the majority shareholder (protected by endless waivers) nil, it got cash and value back. NZX50 down 4% since cash issue close, AIR down 29%. What say you now Mr CEO? Are we in Survive, Revive or Thrive mode. IMO this will got lower and look for 35 cents

[Waltzing]

ok https://milfordasset.com/insights/ai...-for-taxpayers

.35 would be interesting any takers for .25

[biker]

Happy to buy more today at 62c - about 9% less than the CEO paid for his and 23% less than the book build.

[winner69]

Things looking brighter at AIR

FY22 loss gone from ‘less than $800m ‘ to ‘better than expectations’ to latest update of ‘less than $750m’

But market don't like it

Share price into the 50s

[Maxtrade]

Things looking brighter at AIR

FY22 loss gone from ‘less than $800m ‘ to ‘better than expectations’ to latest update of ‘less than $750m’

But market don't like it

Share price into the 50s

Reason market does not like it is realisation of massive losses with little positivity for growth and huge turbulent hurdles not magically going away, even with 'open boarders'. Shareholders should not be surprised whatsoever of SP retracting back to 0.53 CR raise level. CEO purchase was nothing more than a ploy to try and have a shot at providing support and confidence to a falling SP. Buying in now is still trying to catch a falling knife, chances are will get cut. Those that gambled thinking SP would somehow magically stage a huge recovery right away obviously weren't reading this forum Still someways to fall yet. Can only hope the CR 0.53 level holds, if that doesn't then there will be a lot of disgruntled investors.

Every little bit of poor news, offshore markets, inflation, continually rising interest rates, continued Russia war and its effect on energy prices etc, will just keep counteracting any brief minor support rallies on the SP. Surprising punters haven't realised this yet, buy orders stack up then a big wallop of a sell order knocks it back down a level taking advantage of those that think the SP price has stabilised. Just need to look at the charts to see solid downtrend still well in place. Timing the bottom can often lead to a few tears for many.

[winner69]

......

Can only hope the CR 0.53 level holds, if that doesn't then there will be a lot of disgruntled investors.

I think there will be a ot of 'disgruntled investors'

The 53 cents was just a figure pulled out of the hat anyway ,,,,, didn't mean AIR was worth 53 cents

[Snow Leopard]

See how easy it is too turn an airline around:

Virgin Australia mulls IPO in 2023 in fast rebound from collapse

[Waltzing]

"The 53 cents was just a figure pulled out of the hat anyway"

. 35?

the investors were warned.....