Shorted QAN at 78.1 fib retracement (3.98) yesterday and hope for at least 3 day swing prior to exit. QAN has left gap fill at 3.73 for protection.
Major fund active in this stock for the past week. Why it was at $4 is anyone's guess.....considering 90% fuel hedging at US$70.50 pbl, cost cutting behind schedule, new Airbus fleet not due to mid 2008, protected by FIRB, watched by ACCC on regular basis, only market share to lose, relatively high p/e, the list goes on......
what is really happening , page-3
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Last
$5.99 |
Change
-0.100(1.64%) |
Mkt cap ! $9.760B | |||
| Open | High | Low | Value | Volume |
| $6.01 | $6.03 | $5.96 | $37.50M | 6.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 215097 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 62802 | 7 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |