QAN 3.28% $7.37 qantas airways limited

I've seen many shares drop below their SPP price in my 22 years...

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  1. 3,833 Posts.
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    I've seen many shares drop below their SPP price in my 22 years of trading, and for a litany of reasons. QAN closed a tad above $3.80 today (only 15c above SPP) and as I type, the DOW is a sea of red (down about 2.3% on fear of further infections in the US). QAN could very easily drop below $3.60 on Monday.
    And to think it was at $5 this very same month. Talk about volatility!
 
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