QAN 0.16% $6.21 qantas airways limited

Will QAN survive?, page-946

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    There are more than 2000 ASX-listed companies, but even so, it surprises that the ASX has not asked QAN why the latter has yet to issue a trading update given the lockdowns.

    In Victoria, media is stating that what 'spinner' Andrews claimed initially would be a five day lockdown will be extended, but to an unknown date. My guess is the same will occur in Greater Sydney and surrounding areas in due course.

    It's an evolving situation but QAN must be really haemorrhaging in a way that is 'material' to its overall financial position. Not as if these lockdowns of QAN's two main hubs are inconsequential for QAN (or for that matter CTD/FLT/REX/SYD/WEB).


 
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