QAN 1.66% $5.92 qantas airways limited

I don't think the announcement was bad enough to call for a 3%+...

  1. 573 Posts.
    lightbulb Created with Sketch. 44
    I don't think the announcement was bad enough to call for a 3%+ drop in SP. What's the deal here?

    Announcing a buy-back is much better than dividend isn't it regarding market sentiment, as theres more control within the company in terms of price fluctuations?
 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.