Qantas received over $2bn of taxpayer funded bailouts to get through the covid pandemic. Despite ongoing mismanagement leading to deepening losses the company announces that they'll spend $400bn to buy back its own stock. This is one of the worst examples of rorting of public funding that I have ever seen.
Ann: Notification of buy-back - QAN, page-21
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$6.21 |
Change
-0.010(0.16%) |
Mkt cap ! $10.11B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.27 | $6.18 | $23.05M | 3.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16518 | $6.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 1478 | 2 |
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