what annoys me, page-11

re: what annoys me - nickyjames nickyjames,

Totally agree with your comments and frustration.

I have been buying QAN for about 1.5 years now (kids education fund) with an average price around 335. Last years report was released on 21 Aug. QAN's price was around 330. In the week after the report, QAN's price dropped to 312 on 75million shares. After that the price traded up to 361.

QAN is trading on negative perception (The inverse to oil/mining stocks). Unfortunately I'm an optimist and believe OPEC when they say they see oil at around US30. Until the heat is out of the oil price (no pun intended), QAN will continue to suffer. Margaret Jackson also raised some interesting points in her "Significant Challenges" paper that any fair government needs to consider.

For me, I'm in for the long term and will probably still be scratching my head next year when QAN is trading at NTA backing 5%+ dividend and PE of < 10.