...same thing as with CWN, I cannot comprehend how QAN share...

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    ...same thing as with CWN, I cannot comprehend how QAN share price can remain so steadfastly steady all through this pandemic crisis which hits airlines more so than any other industry.

    First set to 1 month view, see how steady its share price has been despite this NSW lockdown the past month.

    Then set to YTD, its share price is down just under 6%, far outperforming so many other blue chip stocks.

    Finally set to All View, you can see QAN is way above its 2014 low when it was also suffering financial distress then. In Aug 2014 it reported a $2.8B loss but strip out the one time write-offs its underlying loss was about $600+m. But in recent half year report, QAN has already posted a $1.5B half year loss, and that was before even the NSW lockdown, yet its share price is 4x what it was in 2014.

    https://www.tradingview.com/symbols/ASX-QAN/

    This QAN share price misnomer is a sign of the times , when the market turns a blind eye to its underlying fundamentals. Airline stocks periodically get bid up by the Reddit traders.
 
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