it is a common known fact airlines are bad investments.
It is more about broader economics and market power.
Clearly Qantas had a role as did ScoMo, the RBA with stupid low interest rates
This is another cases of business collapsing on the back of over priced housing in Australia. I would blame Scott Cam, same thing happened with taxis
If rex cannot get into the corporate demand for travel it comes down to discretionary which has been killed off by inflation.
The best way to play airline stocks is short them. Anyone short Rex?
- Forums
- ASX - By Stock
- Ann: Rex Enters Voluntary Administration
it is a common known fact airlines are bad investments.It is...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add REX (ASX) to my watchlist
(20min delay)
|
|||||
Last
56.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.96M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
REX (ASX) Chart |
Day chart unavailable
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online