Yes, there are a lot of burned holders in qan and virgin group. I get that. Yes, there have been airline collapses. Which actually hardens the resolve for qantas to be kept alive at all costs. Ask any Australian Prime minister if he/she would let Qantas fail? As I said, too much of a political risk. State govts would also be throwing support in. Qantas nearly was chopped up when sp went under $1 but it was snatched from the fire, saved. Itd too political. Qantas would be supported if it came down to it.
Will QAN survive?, page-579
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$6.21 |
Change
-0.010(0.16%) |
Mkt cap ! $10.11B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.27 | $6.18 | $23.05M | 3.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16518 | $6.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 1478 | 2 |
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| QAN (ASX) Chart |