I disagree as AXA did not have the Qantas Sale Act to contend with. Foreign ownership currently stands at 65% I believe, which has been allowed as there is a takeover in progress. If it all falls through then the Qantas Sale Act will kick in, triggering the compulsory sale of 16% of the company's shares on a last-in, first-out basis. That's about 300 million shares I believe, if the local market can't soak that up then there will be a short-term downward spike.
I disagree as AXA did not have the Qantas Sale Act to contend...
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Last
$6.15 |
Change
0.060(0.99%) |
Mkt cap ! $10.02B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.17 | $6.06 | $26.18M | 4.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33464 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 10899 | 3 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| QAN (ASX) Chart |