QAN 0.84% $5.97 qantas airways limited

news flash deal blocked, page-24

  1. 78 Posts.
    regards the hedge funds holdings - they bought those shares of people who were happy to sell over the $5-00 range to take aprofit. Most of those I would imagine would still have their cash available, after all its hardly a bargain filled market.

    If you were happy to hold in the run through and over $4-00 before the bid was announced, I'd say most of those ex shareholders would be happy to get back in somewhere in that mid $4-00 range, and bank the profit - below $4-00 would be such a massive bargain, that institutions will come out of the woodwork to soak some up at those levels - gotta be a fighting chance of a Billion dollar day today - gunna be interesting to watch....
 
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