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
$7.00 |
Change
0.030(0.43%) |
Mkt cap ! $10.94B |
Open | High | Low | Value | Volume |
$6.93 | $7.01 | $6.93 | $28.80M | 4.124M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43822 | $6.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.00 | 16350 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 6.950 |
1 | 2900 | 6.940 |
1 | 5000 | 6.930 |
5 | 8105 | 6.910 |
7 | 8401 | 6.900 |
Price($) | Vol. | No. |
---|---|---|
7.000 | 142 | 1 |
7.020 | 10980 | 1 |
7.030 | 1180 | 3 |
7.040 | 1343 | 1 |
7.050 | 11343 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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