The vax pass has never been intended to be policed for sure - as has been shown overseas. It really only ever intended as a carrot and stick to get people vaccinated.
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"hell breaks loose"
heavy flak flying....
There's already been a video made of what's going to happen to shareholders, its here, https://www.youtube.com/watch?v=oCqe751tOAo
https://youtu.be/ToEolESPGQg?list=RDToEolESPGQg
Some Christmas Cheer from the Red Baroness.
Surely they can't really close the borders again come 17th January. That would be political suicide, and create a lot of civil unrest within the country. If they open it up for a couple of weeks then the virus would've already had a chance to spread through the country further so there would be no point locking the borders down again. If they do, with the timing of first quarter AIR CR and hitting the threshold of maxed loan available. Surely the debt and everything else will be very bad news for shareholders clinging on still. Yet AIR SP still holds in the 1.5 range, quite astonishing really, or there are a LOT of new 'investors' who really have no idea of what's taking place on company fundamentals and what the Cap Raise signifies, means and will be used for (ie to pay debt).
Agreed...border going back up would be complete madness in terms of expending political capital...but so is a lot of the other things the Govt are doing, eg 3 Waters. Its clear there is a whole new generation of investors with no idea of the financial fundamental's. Most popular company on Sharsies...
How the **** is this still trading at $1.57??
Is there a massive amount of people out there sniffing Av gas??
We talk about retail shareholder damage, but what about these big guys? Do they not see what we think we see, or are they locked in through their funds or what? Surely if they do see calamity, they'd be doing something about reducing their exposure?
96092868 shares (8.56%) HSBC NOMINEES (NEW ZEALAND) LIMITED
81867211 shares (7.29%) National Nominees New Zealand Limited
60820280 shares (5.42%) JP Morgan Chase Bank
54297955 shares (4.84%) HSBC NOMINEES (NEW ZEALAND) LIMITED
42724338 shares (3.81%) Citibank Nominees (NZ) Ltd
25046308 shares (2.23%) Accident Compensation Corporation
18546981 shares (1.65%) Cogent Nominees Limited
8022271 shares (0.71%) PREMIER NOMINEES LIMITED
7943351 shares (0.71%) New Zealand Superannuation Fund Nominees Limited
For the record:
582854593 shares (51.91%) HER MAJESTY THE QUEEN IN RIGHT OF NEW ZEALAND ACTING BY AND THROUGH HER MINISTER OF FINANCE