Qantas's recent rise (40c) was on the back of 200+ million shares. The recent fall (25c) is 25+ million. IMO this is just a correction that coincided with
a) Merger news that everyone already knew was doomed.
b) Another SARS case which the WHO already predicted.
A third piece of bad news (Munch's theory) is also worth considering. However, If you believe this is inevitably close, I suggest you pull all your money out of the market now as all shares will be affected.
Commentators tend to find reasons for a share prise rise/fall.
IMO, this is a correction that (excluding munch's theory), will see Qantas, at worst, correct to mid to high teens.
Balls on the line, lets see how I go. Lookin for a close above 325 today.
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Last
$5.93 |
Change
0.090(1.54%) |
Mkt cap ! $9.662B |
Open | High | Low | Value | Volume |
$5.92 | $6.03 | $5.92 | $33.25M | 5.584M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 71313 | $5.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.95 | 10016 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 69911 | 5.930 |
5 | 33036 | 5.920 |
6 | 223264 | 5.910 |
10 | 107501 | 5.900 |
3 | 8056 | 5.890 |
Price($) | Vol. | No. |
---|---|---|
5.960 | 177 | 1 |
5.970 | 6000 | 2 |
5.980 | 24625 | 2 |
5.990 | 55580 | 3 |
6.000 | 48325 | 6 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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