Hey Teddy, I have no skin in the game, I was invested here from 2016 -2019, did ok but jumped out well before it’s recent highs, any profit is a good profit.
I just don’t understand how on gods earth this is being valued, it just has me dumbfounded, I honestly couldn’t even bring myself to buying in under $3, and yes I’ve missed out, but everything I’ve learnt over the last 20 years said this is not a buy, even with you’re money.
Qantas is spewing millions upon millions a day, dividend is gone, profit is gone, travel is gone, no line in the sand on a return to previous business, could be 10 years, yet market has it at recent profitable levels.
Happy to listen to good reasoning, always looking to learn.
$448 million of the profit was from cheap fuel, page-19
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Last
$6.09 |
Change
0.090(1.50%) |
Mkt cap ! $9.923B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.09 | $6.02 | $22.13M | 3.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51248 | $6.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 80094 | 15 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| QAN (ASX) Chart |