re: Ann: AIZ: Air New Zealand Acquires Substa... Some back of the envelope calculations.
AIZ became a substantial holder when they went through 5%, which they needed to notify the ASX of within 3 days, so they would have been building the position for some time and gone through the 5% in the last few days.
Thus, unless they do a block trade tonight you could probably assume they have currently got a little over 5% purchased at the moment as the volume the last few days hasn't been huge.
VBA has 2.2Bn shares on issue. If they want to get to 14.99% of the company they'll need to purchase 220m shares. I'd assume that would put a floor under the shareprice for a little while!
All IMO. DYOR.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.5¢ | $685.0K | 1.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 82685 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 32032 | 1 |
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| Last trade - 13.27pm 27/11/2024 (20 minute delay) ? |
| AIZ (ASX) Chart |
