this is a transfer of ownership from the informed to the uninformed - although they have had plenty of opportunity to be informed.
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this is a transfer of ownership from the informed to the uninformed - although they have had plenty of opportunity to be informed.
Attachment 13660
From NZ Investors FB page. Around half think it is a good deal.....
"This is incredible ? What am I missing here ?"
it used to be called
"The fool at the table"
dropping now, the uninformed are spent.
Should get into a faster fall once we clear through this initial bid volume imo.
Well, this is going to be entertaining. Back in March 2020 I was watching AIR for a possible risk opportunity at 30-50c. I have watched in amazement at the SP ever since, quite the education in the awesome power of belief.
Now we are at what Alex Ferguson used to call "squeaky bum" time for anyone holding AIR. I am happy to be on the sidelines.
If I had shares and I was eligible for the shares from yesterday. I'd sell out now. Buy the cheap ones and sell them too. Buying in once the price sinks to 90 cents. Its got sky TV all over it
My opinion is the rights are worthless and this will struggle to hold 53 cents towards the end of April and if it does so it will only be through underwriters supporting the share price. Watch for a big fall towards 53 cents over April and then in May it may go under 50 cents as the underwriters dump stock they were forced to accept under their underwrite agreement. This has Feltex written all over it, yet another Forsyth Barr "success" story
Nose is angled down....
"Its got sky TV all over it"
no comparison... this is much worse.