It just gets worse. Only 6,500 ‘retail investors’ bought shares in the Air NZ asset sale. These are the so-called ‘mums and dads’ who National said would flock to buy into the asset sales. 0.15% of the population. And these are some rich ‘mums and dads’ – they bought $23,000 of shares each on average. Let’s face facts: the asset sales have failed in their own terms. National has failed New Zealand.
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