QAN 1.78% $7.45 qantas airways limited

Ann: Update - Notification of buy-back - QAN, page-2

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  1. 738 Posts.
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    Wow, despite a strong market lead from the overnight US session yesterday QAN still squandered over $10m on the buyback yesterday. $364 from $400m blown on the price propping exercise = 91% of the way to a demand cliff for $QAN shares.

    At this rate of cash burn they could run out of money for this share price manipulation as early as next week! After that the share price for this shitco will follow the path of $META after they completed their share buyback.
 
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