Agree!
Unless QAN finds a new way to misrepresent its true financial position, FY 2020-21 results are likely to be terrible.
What that means for Mr Joyce remains to be seen.
Despite QAN being a 'market darling' (though most Australian investors and passengers forget it's about 49 per cent foreign owned, limited by the Qantas Sale Act from being higher), its share price will come under real pressure before or during September 2021 when its results are publicised.
There's likely to be further sector-specific Federal Government assistance benefiting companies like REX and QAN. The State Premiers' governments that are the root cause of this passenger inability to fly across State borders will not, but ought, contribute financially. It isn't the Federal Government's fault!
- Forums
- ASX - By Stock
- REX
- More virus disruption
More virus disruption, page-27
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add REX (ASX) to my watchlist
(20min delay)
|
|||||
Last
56.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.96M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
REX (ASX) Chart |
Day chart unavailable