QAN +4.25%.
Well thats that then. All over. Qantas is back on oil dropping and not having to wear masks internationally. That should solve its woes.
Qantas share price has and may continue to underperform the market after investors unfortunately bought into the (b/s) guidance of a very disingenuous CEO and then realities of actual aviation demand and the operational effects of drastic cost cutting and poor strategic decision making, actually came to light. I wouldn't open a short position down here, but wouldn't be buying it either. Sentiment still a sell with the business and larger global economy. For honest disclosure I have slightly reduced my short position, and ironically see my biggest risk on the remaining as Joyce resigning and a relief rally. He is a major impediment to this business and share price improving. I'd be pushing for him to go if I was a Qantas shareholder:
Will QAN survive?, page-4235
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Last
$7.45 |
Change
0.130(1.78%) |
Mkt cap ! $11.64B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.48 | $7.31 | $76.39M | 10.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 76998 | $7.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.46 | 1692 | 2 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| QAN (ASX) Chart |