Qantas's recent rise (40c) was on the back of 200+ million shares. The recent fall (25c) is 25+ million. IMO this is just a correction that coincided with
a) Merger news that everyone already knew was doomed.
b) Another SARS case which the WHO already predicted.
A third piece of bad news (Munch's theory) is also worth considering. However, If you believe this is inevitably close, I suggest you pull all your money out of the market now as all shares will be affected.
Commentators tend to find reasons for a share prise rise/fall.
IMO, this is a correction that (excluding munch's theory), will see Qantas, at worst, correct to mid to high teens.
Balls on the line, lets see how I go. Lookin for a close above 325 today.
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Last
$6.09 |
Change
0.090(1.50%) |
Mkt cap ! $9.923B |
Open | High | Low | Value | Volume |
$5.99 | $6.09 | $5.96 | $28.28M | 4.662M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 23179 | $6.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.09 | 254 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21929 | 6.080 |
3 | 51841 | 6.060 |
6 | 34896 | 6.050 |
2 | 15593 | 6.040 |
1 | 35 | 6.030 |
Price($) | Vol. | No. |
---|---|---|
6.090 | 254 | 1 |
6.100 | 123231 | 40 |
6.110 | 125196 | 3 |
6.120 | 39249 | 8 |
6.130 | 6524 | 4 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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QAN (ASX) Chart |