QAN 1.66% $5.92 qantas airways limited

great buy if it falls back to 3.80, page-3

  1. 1,068 Posts.
    I disagree as AXA did not have the Qantas Sale Act to contend with. Foreign ownership currently stands at 65% I believe, which has been allowed as there is a takeover in progress. If it all falls through then the Qantas Sale Act will kick in, triggering the compulsory sale of 16% of the company's shares on a last-in, first-out basis. That's about 300 million shares I believe, if the local market can't soak that up then there will be a short-term downward spike.
 
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Last
$5.92
Change
-0.100(1.66%)
Mkt cap ! $9.646B
Open High Low Value Volume
$5.95 $5.96 $5.85 $28.86M 4.883M

Buyers (Bids)

No. Vol. Price($)
1 16048 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 41721 9
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