Why Airasia X IPO doesn’t make any sense – Case Study Review

aa
This is an article I posted June 2013, before the IPO of Airasia X 
The company IPO at RM1.25 per share and currently trades at around RM0.77 per share, a 38.4% decline.

Why Airasia X IPO doesn’t make any sense

Tony Fernandes is god! I have to admit, I am a big fan. Who isn’t? What’s not to like about this guy? Having been a long time shareholder of Airasia (AA), when you attend the Airasia AGM, you will realize, most people buy the stock, mainly because of him. The Aura is exciting,…

MoreWhy Airasia X IPO doesn’t make any sense – Case Study Review