REX is leasing. NOT buying. Leasing does not cost much.Share of REX are trading at 42% discount to book value. However QF is at .75 times of book value. In other words, you are paying 58 cents for $1.00 worth of assets of REX and you are paying $4.75 for $1.00 worth of assets of QAN. Apart from type of aircrafts, other assets are similar. Moreover QF aricrafts lost more value than REX aircrafts.
Ann: Qantas confirms $500 million unsecured bond issue, page-11
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Last
$7.16 |
Change
0.130(1.85%) |
Mkt cap ! $11.19B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.16 | $7.04 | $61.31M | 8.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 184775 | $7.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.17 | 55943 | 10 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |