Yes $A1.86 Billion which puts the Kangaroo in a strong position going forward.
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Yes $A1.86 Billion which puts the Kangaroo in a strong position going forward.
and can we start to trade AIR .. AFTER their CAP Raise? im not touching it before thank you....i might even wait until after it starting reporting a Profit..or some good numbers next ? May, June . July when international travel might start? IATA asking for less restrictions by nations on travel. Oops 2023? as outlined below by MR B. Oil hedging problem also?
Unlikely to turn a profit until 2023 in my opinion.
https://www.stuff.co.nz/national/pol...-long-lockdown Doesn't look good at all for AIR or any other tourism operator.
Trans-Tasman bubble looking extremely unlikely any time soon. a whopping 33 new cases in the state of Victoria today up from 17 yesterday. Looks like community transmission to me and as for U.S.A...oh dear... https://www.msn.com/en-nz/news/us/co...cid=spartanntp
When will those with big Credits be able to use them... and impact on bottom line?
Its coming eh mate. Those buying at over $1.80 wondering what could possibly go wrong could never say they weren't warned ! Massive capital raise by Qantas today, analogous to getting new steel capped boots for when the kicking starts in earnest. Actually their second capital raise and takes the total raised to nearly $3 billion !
Further, QAN are in a great position to recover seeing as about 2/3 rd's of their revenue is from domestic operations, substantially more than AIR's. https://www.nzherald.co.nz/business/...ectid=12343089 (Paywalled article)
Using big credits Patrick...where ? How many times can you realistically fly to Queenstown and back without getting bored out of your mind ?
"2023 Women's Football World Cup coming to New Zealand", this should have some affect on the share price today.
Hahha...u are joking. The best joke in the morning.