Quote Originally Posted by Beagle View Post
I for one do not want my ratepayer money, (or future ratepayer money if the Auckland Council borrow to fund this rights issue) going into this sector. I agree Peat, it will be many years before AIA are earning an acceptable return on investment again.
I would suggest Auckland Council can print up as much as they like if they want to participate in a capital raise. Probably at exceptionally low rates too.
https://www.msn.com/en-nz/money/news...cid=spartanntp