The FIRB and the Federal Treasurer may block.
As against that, the gradual selldown by China's Cinda may help in convincing officials that YAL has a greater percentage of local ownership, although not every share in the 'free float' will be held by Australian individuals or entities.
YAL's market capitalisation is about to exceed QAN. YAL has a greater chance of growing its MC than an airline that's fallen to only 24th in the Skytrax 'best airline' rankings.
Should be at least double, page-142
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Last
$6.95 |
Change
-0.260(3.61%) |
Mkt cap ! $9.177B | |||
| Open | High | Low | Value | Volume |
| $7.15 | $7.19 | $6.91 | $21.70M | 3.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 432 | $6.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.95 | 58937 | 4 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| YAL (ASX) Chart |