QAN 0.16% $6.10 qantas airways limited

should do the opposite of vba

  1. 14,931 Posts.
    Is being sold down today irrationally. Will move up, and is cheap at the $3.53 level. No fundamental reason for it to go lower. Their results last week show they are increasing their business, where VBA shows decrease. Its logical to work out where this extra business is coming from. They are managing to compete with VBA quite effectively.

    Furthermore, tourism to Australia is ever increasing.
 
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