QRN 0.00% $3.57 qr national limited

I got in on day one. I sold 20% after the loyalty shares were...

  1. 853 Posts.
    I got in on day one. I sold 20% after the loyalty shares were issued and kept the rest. The international shareholders weren't entitled to the loyalty shares so I guess thats why there was no major selling after they were allotted.

    My 2 biggest fears were that this stock would drop after the loyalty shares and then later when the QLD Gov decides to sell their 34% remaining stake. They have cleared the first hurdle, if they can clear the second and keep signing new contracts then they are on the right track.

    Couldn't be happier with the CEO, the performance through the floods and also the comparison with its rival Asciano.

 
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