Interesting - I would have thought they are less worth (maybe half), but maybe I just require (and therefore need to price in) a longer barge pole to touch these shares (and super long barge poles are expensive :) ;
I guess it all depends on ones working assumptions re the return of international travel and the development of fuel prices as well as consumer acceptance of higher ticket prices. So many questions, so little do we know.
Anyway - if you are right, rights should trade next week at 0.8 cents each. I reccon they will start higher, but while we know that the market is always right, we know as well that the market has a habit of frequently changing its mind.