Seriously, thank you for demonstrating how some Qantas shareholders have absolutely no idea when it comes to investing in shares.
You can't compare share price now vs then. QAN issued $71.7m worth of shares last year at $3.18 (around 22.5 million additional shares) that diluted existing shareholders. Total shares * share price = market capital. Compare that.
But even that doesn't tell the full story.
Market capital + debt = enterprise value. Think, "if I were to buy out this entire company by paying off the shareholders and the banks, what would it cost?". This is enterprise value. With more than $1.5bn of extra debt post-covid, the current EV is higher than pre-covid.
What you're doing when saying $7.46 > $5.20 is comparing apples with half eaten oranges and it shows how little you know about investing. I imagine that there are many of you doing the same thing, hence paying these ridiculous prices for a practically insolvent company.
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Last
$5.94 |
Change
0.040(0.68%) |
Mkt cap ! $9.678B |
Open | High | Low | Value | Volume |
$5.92 | $5.95 | $5.89 | $13.41M | 2.260M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 194441 | $5.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.95 | 37856 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 152786 | 5.930 |
2 | 23243 | 5.920 |
7 | 64541 | 5.910 |
5 | 51004 | 5.900 |
3 | 10223 | 5.890 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 5113 | 3 |
5.960 | 44209 | 6 |
5.970 | 39516 | 5 |
5.980 | 20422 | 5 |
5.990 | 6568 | 3 |
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