There have been a number of comments regarding where QAN's share price should be right now.
Today, it should have closed below $4.70 but has bounced off the $4.65 - $4.70 level a number of times. I was surprised to see it close above $4.70 considering the entire eastern seaboard is like London exactly 71 years ago in 1940.
From what I've been reading and listening to, institutional investors have been getting in. Perhaps one could question their collective sanity, or perhaps they're onto something.
It's the travel sector which has not yet recovered. I'd rather have QAN at $4.70 than CBA at $100, or APT at $105.
Besides those crying over spilled milk at A2M or nursing heavy losses in some biotech with a cure for some rare skin disease, perhaps QAN is a safer bet right now.
Will QAN survive?, page-936
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Last
$6.17 |
Change
-0.040(0.64%) |
Mkt cap ! $10.05B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.23 | $6.14 | $28.59M | 4.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56196 | $6.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 64729 | 5 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |