But I don't think BA is as hedged as QAN is.
And its got everyone threatening a strike as the FTSE plummets..
I would not short QAN unless ADX goes above DMI -ve line. QAN is not in a downtrend, its just bouncing around at present.
Lets see what the report says, it can go either way. Interestingly, QAN was up for most of the day even though BA dumped.
VBA was very strong today, and does not much have hedging protection.
QAN is already charging surcharges for oil, ie double dipping. Check next time you book and you will notice this...
oil down, qan up, page-20
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$6.94 |
Change
0.095(1.39%) |
Mkt cap ! $10.79B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.97 | $6.88 | $22.85M | 3.299M |
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| No. | Vol. | Price($) |
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| 100 | 75045 | $6.93 |
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| Price($) | Vol. | No. |
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| Last trade - 15.40pm 13/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |