Rear Window

Qantas, Alysandratos decline Helloworld raising

But the chief executive digs deep.

Myriam RobinSenior writer

Jul 28, 2020 – 5.26pm

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Earlier this month, travel company Helloworld crowed about the "strong support" it had received from institutions for its recent (and long-resisted) capital raising, "with a take-up rate of ... approximately 97 per cent" of entitlements.

The footnote appended to this statement noted the statement was only true if one excluded the entities associated with CEO (and ex-federal Liberal Party treasurer) Andrew Burnes, Qantas and Rich Lister Spiros Alysandratos, who together still make up more than half the register. Gold.

Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media.