QAN 1.95% $7.32 qantas airways limited

any idea why suspended????, page-6

  1. 2,070 Posts.
    I agree ocker, reporting tomorrow....probably announce capital raising or possibly air nz deal, annual report then lift halt then...wait up, this just in

    DJ MARKET TALK/AU-EQ:ASX May Be In Talks With InvestmentLink



    1135 [Dow Jones] Air New Zealand (AIZ) says planning to make announcement

    later today, minutes after cross-Tasman rival Qantas (QAN) requests trading

    halt. Speculation has intensified in recent months about Qantas acquiring up
    to
    25% stake in NZ carrier; also speculation Qantas to announce capital
    raising.
    Airline expected to report tomorrow that FY02 net profit jumped 46% to
    A$424.9
    million, boosted by burgeoning domestic operations, according to Dow Jones

    survey of eight analysts. Qantas shares last traded at A$4.69, while Air NZ

    shares on ASX up 2 cents at 53 Australian cents. (LXV)

 
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