So just read on Bloomberg that the airline industry is in the midst of the biggest crisis ever (just in case you didnt know), not expecting to recover until 2024. Qantas cutting 8500 jobs, cutting costs and its fleet of A380's grounded. Share price is UP.
A2Milk - no debt, 45% growth in China label product despite the lower birth rate, COVID disruptions in China etc. lower profit (but still a profit) and revenue reflecting a past period being the worst economic crisis Australia has endured since WWII. Share price is DOWN - armagedon is upon us!
What about looking to 2024 like the good people at Qantas? What about acknowledging that even Scomo has received a vaccine?!
https://www.bloomberg.com/news/articles/2021-02-24/qantas-pushes-backs-expected-restart-of-international-travel?srnd=premium-asia
Ann: 1H21 Results Presentation, page-148
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Last
$5.32 |
Change
-0.160(2.92%) |
Mkt cap ! $3.851B | |||
| Open | High | Low | Value | Volume |
| $5.46 | $5.50 | $5.32 | $12.91M | 2.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 34432 | $5.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.37 | 4000 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |