QAN 0.80% $7.42 qantas airways limited

Qantas set to soar, page-20

  1. 3,017 Posts.
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    Strong gain? What potentially from $4.50 to $5.50 where it was pre COVID & the Lib. Govt has already said they don't bail out airlines 1. Virgin 2020 2. Qantas circa 2014 3. Ansett 2001 4. Car Industry...

    Dont worry about the fact that no one is flying atm and is likely to continue throughout 2021 and will be still felt in 2022. This SP is only riding on hotair atm and there is a lot more pain to come. I'll wait to buy at sub $2 later this year. You have A380s all going into storage or sold; job keeper will dry up soon, as our dividends and profits, so the true damage will come out in the reporting season.
 
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