The buying in my opinion is due to a belief QAN is about to merge.
With who?
Joyce certainly measured his answer late last night to that question.
For me I would not go near them at present and I think they will go back to the $1.50s with a few bad nights on the DOW if no deal is announced.
Regards,
Ann: Qantas Announces Revised Profit Forecast , page-36
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Last
$6.97 |
Change
-0.200(2.79%) |
Mkt cap ! $11.06B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.13 | $6.94 | $31.52M | 4.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 18585 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 28043 | 14 |
View Market Depth
| Last trade - 13.12pm 02/10/2024 (20 minute delay) ? |
| QAN (ASX) Chart |