I see Qantas as a relatively low risk / high reward vaccine play. Very well managed company, weak competition, and Lonsec currently have them valued at $4.50. They are likely to go $5 plus comfortably if and when any of the stage 3 trials are shown to be effective. I think the high institutional demand for the $3.65 SPP underpins the value a little so I see these prices as good buying for a 6 to 12 month time frame.
Obviously no-one knows if and when we'll get a vaccine but when billions of dollars and a $hit-tonne of political Will (including a desperate U.S. president trying to get re-elected) are thrown at the problem, I like our chances.
- Forums
- ASX - By Stock
- QAN
- Anyone Calling Sub $2 for QANTAS ?
Anyone Calling Sub $2 for QANTAS ?, page-1321
-
-
- There are more pages in this discussion • 15 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 QAN (ASX) to my watchlist
|
|||||
Last
$6.34 |
Change
0.155(2.51%) |
Mkt cap ! $10.23B |
Open | High | Low | Value | Volume |
$6.23 | $6.35 | $6.21 | $23.40M | 3.719M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 54648 | $6.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.34 | 47185 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 70214 | 6.330 |
33 | 59086 | 6.320 |
22 | 95979 | 6.310 |
15 | 130940 | 6.300 |
9 | 28577 | 6.290 |
Price($) | Vol. | No. |
---|---|---|
6.340 | 37533 | 24 |
6.350 | 217836 | 61 |
6.360 | 120034 | 26 |
6.370 | 221681 | 17 |
6.380 | 143693 | 16 |
Last trade - 11.58am 31/07/2024 (20 minute delay) ? |
Featured News
QAN (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online