Good analysis but once you sell off 'the farm', you never get the assets back.
QAN is a case in point. Had to sell its owned airport terminals plus many other assets, and even though it received mammoth support from the then Federal Coalition government through JobKeeper and other funding (plus from immature Labor state governments when Mr Joyce suggested QAN may move from its Mascot, NSW offices to another state, and on top of that, funding from various states for new routes such as seasonal Seoul-Melbourne), its NTAs are down to almost nothing.
GNC Price at posting:
$8.11 Sentiment: Hold Disclosure: Held
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