QAN 3.28% $7.37 qantas airways limited

domestic trends, page-11

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    Not all companies face the same circumstances so comparing share price movements like this is ridiculous

    Qantas carries 64% of all domestic traffic in Australia, and moves more people in and out of the country than any other airline, ie. it almost has a monopoly, so yes, it is very different to other airlines that have to compete with one another. It has a great advantage over just about every other international airline.

    A very well respected broker letter says that the dramatic recovery of the three main American airlines is one of the reasons for the interest in Qantas recovery. So I thought that comparisons were relevant. Silly me, I won't bother anyone with ridiculous comparisons anymore.

    Air New Zealand had to be bailed out by Government and re-floated..

    Air New Zealand, government owned, and then partly floated = success story.
    Qantas, government owned and then floated = massive loss.
 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
(20min delay)
Last
$7.37
Change
-0.250(3.28%)
Mkt cap ! $11.52B
Open High Low Value Volume
$7.60 $7.60 $7.34 $47.14M 6.420M

Buyers (Bids)

No. Vol. Price($)
2 653 $7.36
 

Sellers (Offers)

Price($) Vol. No.
$7.37 15279 2
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.