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[sharechat] What risk in buying Air NZ shares?


From: "John Jones" <jayjer8@hotmail.com>
Date: Mon, 24 Sep 2001 03:46:04 +0000


Hi,

Dumb question time...

Air New Zealand shares are super-cheap and I think it is unlikely the 
Government will let NZ not have a national carrier.

If I did buy now, what does the prospect of statutory-management mean?
Will the shares become void?  Will I become the end-of-the-line for any 
payouts?  Or is it just a risky tunnel shareholders would go through while 
there is a transformation in the business undertaken by the Government, but 
at the other side they would continue to have some sort of stake in the 
(new?) carrier?

Thanx,
John

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