First of all cheaper, oversold currently by being pushed down previously when the stock was tight.
I think QAN now has some problems, the fleet is too old, CASA is on its back and they can't get delivery of the new planes. When the new planes do come it'll need another massive rights issue again. VBA doesn't have these problems since its fleet is newer and is in a better phase of the airline cycle, it'll start making lots of money soon since it doesn't have to renew much except for some expansion. Airlines basically have cycles, expensive renewal, then big profits, then either raising a lot of money again to get new planes or disappearing if the climate conditions are not right at the time.
Also, I think Dixon was practically fired by the board, he's leaving much earlier then he said = he was fired by the board. I reckon he wanted to have another crack at AIZ and got the no no from the board, that's why he had that comment of the merger thing at the last meeting.
Thus I think reckon QAN is having some problems, so I might lighten up on this ex divvy run and get some more VBA which has more prospects on the longer term I reckon... QAN will probably keep going up as oil drops, but with Dixon going at the end of the year and new guys on board I think there might be some softer times again as things are sorted out?
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