QAN 0.16% $6.21 qantas airways limited

Sit belt on before take off, page-17

  1. 731 Posts.
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    It's been a good run recently in the build up to results. Only natural a few sellers would come through now to lock in some profits. Fundamentals are looking great and with the divy back I'd expect to see this on the radar again for the fund managers. Happy if this consolidates at $3.5 for a while and then would expect at least $4 by end of year. Hopefully oil stays <$50 as even though they've locked in their fuel prices sometimes sentiment doesn't remember that and it just gets traded inversely to oil price.
 
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