AIR - Air NZ.

[Nasi Goreng]

Why would you imagine that?

There was no mention of the loan either being repaid or on sold in the announcement so you are best assuming, for now, that the loan is still with AIR and will be repaid on the original terms.

Best Wishes
Paper Tiger

Well that was my point but I wasn't very clear. When it was originally loaned out, the SP dropped and many thought the money was as good as gone. I think now as a result of this, AIR should get their money back... eventually.

[Beagle]

Well that was my point but I wasn't very clear. When it was originally loaned out, the SP dropped and many thought the money was as good as gone. I think now as a result of this, AIR should get their money back... eventually.

No question about that now. Its clear that with the new shares issued recently and the stated willingness of new shareholders to be supportive of a capital raise AIR will get their loan repaid in due course, (was only a short term 12 month loan when originally advanced).

[winner69]

Does this mean Nanshan can't buy the AIR shares until HNA pump in their $159m and get new shares - otherwise Nanshan will have more than 20% (a problem?)

What u reckon pt?

[Snow Leopard]

Does this mean Nanshan can't buy the AIR shares until HNA pump in their $159m and get new shares - otherwise Nanshan will have more than 20% (a problem?)

What u reckon pt?

It is PT [capitals] if you don't mind.

Yes, the HNA thing has to happen before Nanshan thing can happen and this all depends upon Chinese Regulatory approvals.
Otherwise the Nanshan thing would need to be renegotiated or other approvals obtained.

Maybe they will go down to the office together and the first thing and the second thing can happen a few moments apart.

Best Wishes
Paper Tiger

Disc: Will be back in China in July

[Snow Leopard]

Well that was my point but I wasn't very clear. When it was originally loaned out, the SP dropped and many thought the money was as good as gone. I think now as a result of this, AIR should get their money back... eventually.

I guess there existed that as part of any capital raising the loan would effectively be converted to equity but to have the impression that AIR would never get their money back!
Well, really?

Best Wishes
Paper Tiger

[percy]

I sold out today.

[winner69]

It is PT [capitals] if you don't mind.

Yes, the HNA thing has to happen before Nanshan thing can happen and this all depends upon Chinese Regulatory approvals.
Otherwise the Nanshan thing would need to be renegotiated or other approvals obtained.

Maybe they will go down to the office together and the first thing and the second thing can happen a few moments apart.

Best Wishes
Paper Tiger

Disc: Will be back in China in July

So possibility might not be all settled by June 30th as AIR were aiming for?

[Mista_Trix]

I sold out today.

Not really the jump everyone was hoping for eh.

[Snow Leopard]

So possibility might not be all settled by June 30th as AIR were aiming for?

Don't quote me on this but:

万事俱备 只欠东风

Best Wishes
Paper Tiger

[workingdad]

Not really the jump everyone was hoping for eh.

Shaping up to be another 'normal' AIR trading day..... big volume going through. I'm happy to see the monkey off the back with VAH and eagerly await a special divvy from it