QAN 2.81% $5.88 qantas airways limited

Small investor being crucified., page-3

  1. 465 Posts.
    The size of this so call "rights issue" is, according to my calcs on shareholders equity, about 18% (@4.20)

    NOT a small one, does change the debt to equity ratio a bit, QAN has a lot of debt.

    By my rekonin the "small" shareholder got jipped again!

    Insto got first pick.... we get the dregs...

    The issues @ about 10% Fridays price close

    Oh well, theres a bit more room on the register now since BA didnt take up the offer:)))/

    GFd

 
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