Live from Channel 7.. dated today.
Virgin Australia shares have been placed in a trading halt pending an announcement from Air New Zealand regarding its shareholding on Tuesday.
Air New Zealand is the largest shareholder in Virgin Australia with a 26 per cent stake.
“The trading halt is requested pending an announcement by Air New Zealand in relation to its shareholding in Virgin Australia,” the company said in a statement to the ASX on Wednesday.
What????
“Virgin Australia wishes the trading halt to remain in place until the earlier of such time as Air New Zealand makes an announcement to the market in relation to its shareholding in VAH and the commencing of trading on Thursday 31 March 2020.”
Im very confused, NZ don’t have a holding anymore?
https://news.google.com/articles/CAI...U&ceid=AU%3Aen