There is little doubt that major legal problems surrounding any listed company can be suggestive of poor governance.
The fetid smell of a suppurating wounds surrounding a company can be very off-putting to potential investors!
So in a public sense, this settlement should be seen as a big win for Vanessa Hudson and the Qantas Board. The new management of this company have, at least, chalked one up here. The Joyce legacy may have a bit of a sting in it yet, but if Vanessa can continue to clear away the detritus, the company can focus more on the positive, rather than the negative impacts.
FY2024 is nearly done and dusted. Subject to the vagaries of the world airline industry, my broker is predicting QAN to return to paying respectable dividends for FY2025. Whether or not that happens is to be seen, everyone can get their own advice and do their own research.
News: QAN UPDATE 1-Qantas Airways faces $66 million court penalty for flight cancellations, page-6
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Last
$8.89 |
Change
0.310(3.61%) |
Mkt cap ! $13.90B | |||
| Open | High | Low | Value | Volume |
| $8.65 | $8.89 | $8.58 | $84.60M | 9.607M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2409 | $8.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.89 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| QAN (ASX) Chart |