The point is we need to look past the emotion and wait for the facts to be presented by all sides.
They lost the high court, but commentary indicated that it was 50 / 50. They did win the first round and lost the second so worth going to the last court. We know the ruling and now we will watch how they resolve and get it behind them. The ACCC will eventually provide the details not emotional unprofessional PR grabs. Sound like they may have been late to the party. When this becomes become public we can make a judgement. If you go any airport at any time you can find a flog flyer criticising any airline when they purchased a $100 ticket and now wants a free hotel suite when a flight gets cancelled. Any reporter can do this. Payback of Job Keeper, Even Simon Birmingham indicated that this was rubbish and what other profitable companies are lining up to return cash. Airlines need planes and new ones and that is a fact. Their gearing is below target.
I have assessed these elements and purchased into the price drop. Time will tell whether that is a profitable strategy. All you have done is recommend a Film. You dont hold the stock and your post indicates that you are not a buyer. Given your strong convictions then maybe a shorting campaign may work for you. Look forward to your posts on how you roll this out.
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QAN Price at posting:
$5.61 Sentiment: Hold Disclosure: Held
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