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29 Jun 2022 7:24
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  •   Home > News > Business

    Small time investors are being told to get financial advice before dipping into their pocket again to buy more Air New Zealand shares

    Small time investors are being told to get financial advice before dipping into their pocket again to buy more Air New Zealand shares


    Air New Zealand
    Air New Zealand
    The airline's trying to raise 2.2 billion dollars to pay off debt and help with its recovery.

    It's offering existing shareholders 1.2 billion dollars' worth of new shares at a 60 percent discount.

    The Herald's Duncan Bridgeman says and James Daniels] that offer will reduce the value of the stocks they already own.

    He says new investors will need to analyse this carefully, because there's a lot of risk investing in an airline.

    © 2022 Newstalk ZB, NZCity

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