"Massive losses". LOL. My average short price is now 5.15 and it traded at a low of 5.20 today. If it goes up more (quite possible in these irrational markets) I'll short more knowing that nothing will change the fact that Qantas are incinerating serious amounts of cash. Eventually the capital raise will come.
You and other mouth breathers will be looking back at this in a year wondering what the heck you were thinking talking up an airline (of all things) amongst an ongoing and evolving pandemic. $QAN won't be a dividend stock for the rest of the 2020s even if the worst of covid is over.
Capital Raising, page-26
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Last
$7.22 |
Change
0.060(0.84%) |
Mkt cap ! $11.28B | |||
| Open | High | Low | Value | Volume |
| $7.20 | $7.25 | $7.19 | $30.32M | 4.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11000 | $7.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 36958 | 5 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| QAN (ASX) Chart |