The buying in my opinion is due to a belief QAN is about to merge.
With who?
Joyce certainly measured his answer late last night to that question.
For me I would not go near them at present and I think they will go back to the $1.50s with a few bad nights on the DOW if no deal is announced.
Regards,
Ann: Qantas Announces Revised Profit Forecast , page-36
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Last
$5.93 |
Change
0.025(0.42%) |
Mkt cap ! $9.638B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $5.94 | $5.89 | $1.524M | 257.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 24549 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.93 | 7636 | 15 |
View Market Depth
| Last trade - 11.08am 03/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |