i'm satagerred that they even managed to finish anywhere near $ 2 bucks on the back of a 30-50% downgrade in npat announced 14/4/09 which has taken the mkt by surprise.
like, it's not one that some can honestly say was 'priced in' (or expected to any degree)to the SP so therefore you'd have to expect some profit taking and reduction in the SP at some stage,regardless what the dow does in the short term.
Ann: Qantas Announces Revised Profit Forecast , page-37
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$6.00 |
Change
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Mkt cap ! $9.809B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
| $6.00 | 67174 | 33 |
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