Did you see where the Qantas price had been prior to the announcement - nearly $5 (on June 10) - when all the states were announcing lifting restrictions/borders opening etc.
What they announced was fair and reasonable given where the share price was in the days leading up to the announcement. It was $4.19 when the trading halt occurred. So a 10% reduction thereabouts.
When Nab had its capital raise on 27/4 its share price was $15.76 at the trading halt and it raised at $14. So a 10% reduction thereabouts.
I hold both stocks and am a long term investor. Qantas may have short term pain however it will be stronger coming out of this in my personal opinion.
DYOR.
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Did you see where the Qantas price had been prior to the...
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Last
$6.05 |
Change
0.020(0.33%) |
Mkt cap ! $9.890B |
Open | High | Low | Value | Volume |
$6.06 | $6.07 | $5.98 | $21.24M | 3.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17414 | $6.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.06 | 36670 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 41774 | 6.030 |
7 | 87598 | 6.020 |
4 | 55437 | 6.010 |
5 | 35944 | 6.000 |
4 | 34981 | 5.990 |
Price($) | Vol. | No. |
---|---|---|
6.060 | 99594 | 9 |
6.070 | 67461 | 9 |
6.080 | 96878 | 15 |
6.090 | 33084 | 10 |
6.100 | 42799 | 29 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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QAN (ASX) Chart |