QRN qr national limited

re: News: QLD govt sells $1.5B stake in QR Na... Without further...

  1. 54 Posts.
    re: News: QLD govt sells $1.5B stake in QR Na... Without further buybacks, i do not think it has much more upswing than $3.75, at this stage.
    Don't forget that they will have to borrow some or all of the $1b for the buyback.
    Why would anyone want to buy it now?
    EX Buyback and EX Dividend.
    Bad timing by the QLD gov.
 
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