QAN 0.68% $5.90 qantas airways limited

I bought back in alittle while ago - i still think mid 9s which...

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    I bought back in alittle while ago - i still think mid 9s which has been my target for a while.

    Share buy back support SP but also results were very good. My concern is with fuel costs but as long as world growth continues higher and in particular the main demand countries which drive qantas growth remain strong to drive revenue growth then yes i dont argue with Macq TP.

    I personally dont think oil will go up to much from here when one looks at a sustainable and LT average cost basis.

    Look at the div rate - even if dont make 10$ the return is still good.
 
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