Yeah will be interesting later on will be what price Norwegian now with "sturulven" are planning for the issue but feels brave buying into this, maybe the price is not even decided yet but the capital the aim to issue is already known so what's left if the price of the issue and the dilution.

Existing want shareprice to stay high to keep dilution minimal. Also market should converge towards the issue later on as the date of issue gets nearer so could be a swing coming up if the issue is discounted. Thats the game more or less here i believe. Next stop for the voyage is the finer details about the issue...

According german Handelsblatt reporting on Norwegian, Lufthansa and IAG :

"The German airline also re-dipped its toe in talks for Norwegian, in case it was capable of bumping rival IAG, out of the bidding. Although IAG on Thursday said it was no longer interested in Norwegian, Lufthansa sources say the move, which hammered Norwegian`s shares, was just a strategic ploy to pressure Norwegian CEO Bjørn Kjos into signing a deal"

Norwegian media today report that the Rights Issue was a plan B ready to be launched , in case the price IAG offered was below the value Kjos wanted for the company...Kjos says the Rights Issue was ready from november, but they couldn't launch before the take over talks had ended.

Hardly as no one will commit the type of money needed. Everybody thinks shortterm.