The empty vase makes the most noise. ^

Actually is it not really a good or a bad thing. If you think about it travel is down due to mco and the warrant has a 7 years maturity. So it depends on which point of view you are looking it from. After all no one in the world can fully predict whether it goes up or down. You really don’t need to be a rocket scientist to figure out the travel side is having that much business for the past year or two.

It is simple. It is just airasia trying to raise its capital to cover its debt or loan. By issuing warrants.

Well if you think about it during the mco a lot of businesses could not operate at full potential. Once the mco was lifted companies will have a lower cash reserve (dude to constant fix cost) so what I am trying to say is that they need sometime to recover even if it means operating on credit. So it kind of make sense for them to have high trade receivable.