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
$5.88 |
Change
0.040(0.68%) |
Mkt cap ! $9.581B | |||
| Open | High | Low | Value | Volume |
| $5.87 | $5.91 | $5.84 | $75.93M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 127538 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 6836 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$5.88 |
Change
0.040 ( 0.55 %) |
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| Open | High | Low | Volume | ||
| $5.87 | $5.91 | $5.83 | 1372112 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| QAN (ASX) Chart |