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.
- Forums
- ASX - By Stock
- domestic trends
Not all companies face the same circumstances so comparing share...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QAN (ASX) to my watchlist
|
|||||
Last
$5.85 |
Change
-0.040(0.68%) |
Mkt cap ! $9.532B |
Open | High | Low | Value | Volume |
$5.84 | $5.91 | $5.84 | $38.05M | 6.494M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22710 | $5.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.86 | 26030 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4542 | 5.840 |
3 | 5800 | 5.830 |
5 | 10801 | 5.820 |
1 | 3000 | 5.810 |
4 | 8970 | 5.800 |
Price($) | Vol. | No. |
---|---|---|
5.870 | 625 | 1 |
5.880 | 3200 | 2 |
5.890 | 10267 | 2 |
5.900 | 290 | 1 |
5.910 | 4800 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
QAN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online