burmans is right... Declining results but better than forecast, declining oil (jet fuel in particular took a big hit after the London business) and the promise of 1000 job cuts. Nothing like job cuts to excite the market.
Also the results gave the first quantitative indication of what the compensation package from Airbus is worth (over $100 million), more aircraft etc.
As for risk, they have been trading with a risk discount for a long time, hard to see how it can be discounted further.
- Forums
- ASX - By Stock
- why the uptick on poor results
burmans is right... Declining results but better than forecast,...
Featured News
Add QAN (ASX) to my watchlist
|
|||||
Last
$5.91 |
Change
0.060(1.03%) |
Mkt cap ! $9.630B |
Open | High | Low | Value | Volume |
$5.82 | $5.91 | $5.82 | $20.12M | 3.413M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12407 | $5.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.91 | 53186 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8767 | 5.900 |
1 | 13166 | 5.890 |
7 | 76856 | 5.880 |
8 | 84491 | 5.870 |
2 | 10005 | 5.860 |
Price($) | Vol. | No. |
---|---|---|
5.910 | 19735 | 2 |
5.920 | 37285 | 8 |
5.930 | 47045 | 5 |
5.940 | 57224 | 9 |
5.950 | 5236 | 7 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
QAN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online