AIR NZ myster $0.5-0.55 price range.
2000 tech bubble, AIR first reached this bottom, then Feb 09 (financial crisis), Sep 2012, Mar 2020 (Covid), June/July 2022, and Junly 2024. The price bottom never been went through, every time AIR touches it, then bounce back or went up for a boom.
Now its PE = 5.71 and Dividend Yield unknown yet. It had 6 cents per share in 2023, and 2 cents for the interim 2024. Not sure for the final.
It stopped dividend during 2020- 2022 due to covid, we cannot be worst than covid period, it backs to the track pre covid. So the SP undervalued ?
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