The share price jumps $500m+ on the announcement of a $400m buyback (despite the fact that Qantas is now confirmed to be a zombie company that is destined to make losses and has a deepening negative book value). This is the most retarded equity bubble that I've ever known.
Ann: Notification of buy-back - QAN, page-19
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Last
$6.92 |
Change
0.080(1.17%) |
Mkt cap ! $10.82B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.97 | $6.88 | $50.32M | 7.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 253446 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.94 | 71835 | 9 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |