QAN 0.68% $5.85 qantas airways limited

Market was very positive today,If this continues on a daily...

  1. 60 Posts.
    lightbulb Created with Sketch. 19
    Market was very positive today,
    If this continues on a daily basis a $2 price would be a very amusing figure...

    Found this article which was a good read, thought I would share it:
    https://themarketherald.com.au/can-qantas-asxqan-share-price-bounce-back-to-its-prime-2020-04-29/

    I like the following within the article -
    "Since 2006 they [Virgin] have lost $1.8 billion of cash. This is pre COVID-19. Over the same period Qantas has generated $5.8 billion of cash so it's a pretty significant differential." - Firetrail Investments Deputy Managing Director Blake Henricks

    Fingers crossed domestic travel starts up soon to generate revenue.
    Last edited by Icemanxx: 29/04/20
 
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