QAN 0.72% $8.37 qantas airways limited

Go woke go broke, page-41

  1. 422 Posts.
    lightbulb Created with Sketch. 69
    Seems a bit harsh....> "QAN could go below $1 AUD a share, might not be worth $2 billion as a market cap"
    i'd be astounded if that happenned...but love your passion ....thanks.

    Something that could help your bearish tilt is pic below of QAN shareprice against a basket of Global Airlines ( which QAN is ~ number 17 biggest weight at 2.3%)...ad I've put QAN in USD terms...as thats how offshore guys would look at it....

    ...surprised me that despite the recent falls...its still outperforming massively over past few years...if it goes ' back in line'...the simple pick suggests could drop 50%...but i doubt it does in reality.
    Anyway..thought may help.
    https://hotcopper.com.au/data/attachments/5631/5631534-a4f4d0cd53a052848d894296ebaf73fc.jpg


 
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