Got out, maybe a bit early, as I want the cash and out of the investments I am in, the P/E seems a bit high for the industry.
I know the combination of LCC and Loyalty should support a higher P/E than other airlines, but based on my conservative estimates valuing each stream (11 for domestic, 10 for international, 15 for jetstar and 20 for loyalty), I couldn't see it go much past $6.50.
So, with upside reducing, I've sold out. Good luck all, maybe I can re-enter if there is ever a freak-ish dip like the $5.58 low we saw today (and if I have cash)!
Got out, maybe a bit early, as I want the cash and out of the...
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Last
$5.62 |
Change
-0.120(2.09%) |
Mkt cap ! $9.157B | |||
| Open | High | Low | Value | Volume |
| $5.71 | $5.75 | $5.53 | $58.18M | 10.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 252 | $5.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.63 | 24779 | 5 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
$5.62 |
Change
-0.120 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| $5.73 | $5.75 | $5.53 | 2031238 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| QAN (ASX) Chart |