QAN 0.32% $6.20 qantas airways limited

share price, page-2

  1. 75 Posts.
    lightbulb Created with Sketch. 19
    Last time Qantas did a buy back the share price went from $4.22 to $2.68.
    This is a drop of nearly 40 percent.
    In most buy backs it is a good thing for the investor, where the company buys back in causing an inflation in price.
    It seems to be the opposite in this case where the company buys back in puncturing the stock.
    One might ask why should I buy back in paying top dollar, it will cost me more money and it will push the price even higher with more investors wanting to buy in pushing the price even higher.
    If the company had the investor in mind this is what should happen.
    They have their selfs in mind so let's employ shorters to buy out the bidders to trigger investors stop losses spooking the market, pushing the price even lower so they can capitalise on the investors losses.
    That's Scenario. 1
    Let's hope we don't see another 40 percent drop from $3.85 to $2.31 with this buy back.
    Surely they wouldn't do this, that would be pushing the boundaries of insider trading.
 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
(20min delay)
Last
$6.20
Change
-0.020(0.32%)
Mkt cap ! $10.10B
Open High Low Value Volume
$6.23 $6.23 $6.14 $14.86M 2.403M

Buyers (Bids)

No. Vol. Price($)
1 90 $6.16
 

Sellers (Offers)

Price($) Vol. No.
$6.20 14319 3
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
$6.16
  Change
-0.020 ( 1.15 %)
Open High Low Volume
$6.22 $6.22 $6.15 5674178
Last updated 15.59pm 10/06/2024 ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.