Qantas, a government-backed airline, plays a unique role in Australia due to the country's reliance on tourism. Unlike other airlines, its failure could harm the economy, as seen during the pandemic when the government stepped in quickly. While no stock is risk-free, Qantas is unlikely to be easily removed from the market given its government support.
But if you are afraid of it, there is always the casino, where you can place all your life savings on 'Red'.
News: QAN Qantas Posts HY Statutory Profit After Tax Attributable A$873 Million, page-37
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Last
$5.97 |
Change
0.050(0.84%) |
Mkt cap ! $9.695B | |||
| Open | High | Low | Value | Volume |
| $5.95 | $5.97 | $5.92 | $3.217M | 540.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 21657 | $5.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.97 | 17606 | 21 |
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| Last trade - 11.15am 25/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |