Another day of blowing over $10m to prop up the share price in the midst of market wobbles related to China.
The share price propping kitty is going to run dry in December leaving Qantas with an ageing fleet with increasing maintenance problems and operating expenses, all of which results in a worsening reputation. The fact that the markets are hoodwinked by this idiotic buyback show that this equity bubble is very far from being over (as should be obvious by the fact that the S&P is still trading well above its pre-covid all time highs). Insane.
Ann: Update - Notification of buy-back - QAN, page-2
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Last
$6.11 |
Change
-0.040(0.65%) |
Mkt cap ! $9.956B | |||
| Open | High | Low | Value | Volume |
| $6.15 | $6.17 | $6.10 | $37.91M | 6.182M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18577 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.13 | 10461 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| QAN (ASX) Chart |