I've been building up a short position using CFDs (currently through IG, though any CFD provider would have them).
$QAN will have burned through their second chunk of taxpayer bailout money with rising interest rates and a tremendous amount of capex ahead of them coupled with discretionary spending about to fall off a cliff while people struggle to pay their mortgages and a continuation of working from home (both of which are currently hammering the commercial property sector in the US). How so few can see the wave a recession coming at us now is confounding.
Will QAN survive?, page-5769
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Last
$6.07 |
Change
0.065(1.08%) |
Mkt cap ! $9.882B | |||
| Open | High | Low | Value | Volume |
| $5.99 | $6.07 | $5.96 | $10.35M | 1.718M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 72607 | $6.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 64632 | 85 |
View Market Depth
| Last trade - 15.05pm 05/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |