quick question, is qantas's run up over the last 12 months too correlated to the decline price of oil? Oil prices jumped over the last couple of sessions and qantas dropped 4.5%..
Just makes me think that the drop in fuel prices has reduced some visibility of any inefficiencies that they may have.
I don't follow or hold qantas so I am sure that I have missed other factors but just a thought id throw it out there.
Good news, page-11
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$6.46 |
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