A lot of shareholders are facing a rights issue for the first time ever.

Air New Zealand is launching its recapitalisation package and some investors will have to process a rights offer for the first time.

Sharesies investors own over 6 per cent of Air New Zealand and now they’ve been given the right to buy 6 per cent more shares at a discounted price.

But how will this work for Sharesies and are investors going to take up the offer at the level Air New Zealand needs them to do?

Sharesies co-founder and 3EO Leighton Roberts joined Andrew Dickens.

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