Originally Posted by
IAK
Good article by Chris Adams on the sell down of Air NZ shares by executives in April and early May. Lesson learnt. Just returned from a conference in Spain, didn't fly Air NZ.
So when do you think they will start to buy back in? Maybe 1.85? I'm still in the green $7,330 including divs. and have already started buying in using my plan B action. My theory is when the div chasers have got their divs out of all the other div payers lately, then they will start piling back into AIR with 11%+ yld. Also AIR agm on the 30/9/16, might be a little gain before then.