The market is being absolutely hammered today - what a hemorrhage! I thought I was dreaming when I logged on mid-morning - even so called 'safe stocks' are being dumped overboard. But, as Buffet says, when people leave the room that's when smart investors walk in. I loaded up more at about $2.75 and will keep doing so because I know QAN has a tremendous upside. Good cash reserves, solid customer base and profitable peripheral business such as Epicure, Frequent Flyer and not to mention lucrative joint ventures. There's 2 ways to look at negatives (almost a cliche now) that the glass is half empty or half full. Well, it's half full today because listen folks, $2.75 X 2 = $5.50 and some instos still have QAN valued at $4.60 which is about $1 less than that. Britain in or out? The market is jittery about this so all stocks are suffering. This is when you get in - exploit fear. The same happened Jan 2015 over the Greek bailout fiasco. Stocks tumbled, then recovered within a few months.
Today, QAN opened at $2.91 then immediately climbed to $2.93. This indicates that if this were a fuzzy, warm, wiggles happy day QAN would be at $3 today but because the exit / panic floodgates are open it's being creamed like everything else. Look at the volume - 15 million units and climbing - that's 43 million dollars and still 90 mins away from market close. I have personally witnessed this stock climbing over 40c in ONE day. Listen to 'Occam's razor' that the most simple explanation is usually the most credible. Get them cheap folks.
QAN
qantas airways limited
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0.28%
!
$10.58

Why still sliding?, page-8
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Last
$10.58 |
Change
-0.030(0.28%) |
Mkt cap ! $16.00B |
Open | High | Low | Value | Volume |
$10.65 | $10.72 | $10.58 | $22.81M | 2.148M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 765 | $10.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.65 | 3144 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 765 | 10.580 |
1 | 24200 | 10.570 |
2 | 10430 | 10.560 |
5 | 11980 | 10.550 |
1 | 10139 | 10.540 |
Price($) | Vol. | No. |
---|---|---|
10.650 | 3144 | 3 |
10.660 | 1000 | 1 |
10.680 | 12992 | 3 |
10.690 | 1100 | 2 |
10.700 | 76504 | 7 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
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QAN (ASX) Chart |
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NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
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