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$6.20 qantas airways limited

Hang on dudes. Way to go yet.

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chinaplate

2,365 Posts.

105

03/12/14

09:03

Post #: 14397862
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Originally posted by farmboy ↑

Fuel costs is QANTAS biggest expense. So lower fuel costs will improve the bottom line a lot

Fuel costs are whatever they have hedged at. Qantas does not tell us*, although Air New Zealand gives the information in detail. If Qantas has no hedges, then the drop is a huge benefit. If they've hedged at $100, then that's what they are paying. The massive fuel surcharge on long flights is till on.

*Qantas did make a book entry admitting to 'negative fuel hedge expense' a couple of years ago.

Good luck to those who got on board early, its been a terrific ride. A gain is a gain, and rare enough in current market.
A lot of leadership has come from booming airline stocks in the US.

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Hang on dudes. Way to go yet.

QAN Price at posting: $1.95 Sentiment: None Disclosure: Held
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(20min delay)
Last $6.20		Change -0.020(0.32%)		Mkt cap ! $10.10B

Open	High	Low	Value	Volume
$6.23	$6.23	$6.14	$14.86M	2.403M

Buyers (Bids)

No.	Vol.	Price($)
1	90	$6.16

Sellers (Offers)

Price($)	Vol.	No.
$6.20	14319	3

View Market Depth

No.	Vol.	Price($)
1	90	6.160
3	9950	6.150
1	8000	6.120
8	196480	6.100
4	3327	6.090

Price($)	Vol.	No.
6.200	14319	3
6.210	3513	3
6.230	137	1
6.240	121	1
6.250	28246	13

Last trade - 16.10pm 10/06/2024 (20 minute delay)


Last $6.16			Change -0.020 ( 1.15 %)
Open	High		Low	Volume
$6.22	$6.22		$6.15	5674178
Last updated 15.59pm 10/06/2024 ?

QAN (ASX) Chart