Your question's answered on Air New Zealand's capital raise

Stock Takes - A podcast by NZME

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Air New Zealand is undertaking one of the largest capital raisings in New Zealand's corporate history and is asking its investors to dig deep with a $1.2 billion rights issue. But many of those investors are new to share investing and might not have taken part in a rights offer before. NZ Herald Personal Finance Editor Tamsyn Parker talks to Sharesies CEO Leighton Roberts about why companies raise capital and how a rights offer works - and what happens if shareholders do nothing.See omnystudio.com/listener for privacy information.