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$6.15 qantas airways limited

how's that short going, numpty?

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canplan

416 Posts.

135

01/09/21

16:06

Post #: 55754864
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Originally posted by tony75 ↑

Thank you for the sanity check. All I've been hearing from the bulls is "stock price, bro" with absolutely no thinking on how and when Qantas could ever, realistically return to profitability or how they'll avoid running out of cash in the meantime.

Bubbles are a prime example of herd mentality and there is no better example than $QAN shareholders who don't question a single thing that Joyce has been telling them or doubt that Morrison's "National Plan" is nothing but "Last Resort Plan" after failing with a vaccine program, failing with a dedicated quaratine facility program and then failing to support a state level lockdown strategy for when those both failed.

People celebrating the lifting of lockdowns don't see that they've come about because Australia has failed to fight off covid (even though it could've as a vast continent nation surrounded by sea). Hospitals in Sydney are already barely coping. Imagine how they'll be at the end of this month. Yet shareholders think that there will be queues of people wanting to fly to Bali. Utterly insane.

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how's that short going, numpty?

QAN Price at posting: $5.24 Sentiment: None Disclosure: Held
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(20min delay)
Last $6.15		Change 0.060(0.99%)		Mkt cap ! $10.02B

Open	High	Low	Value	Volume
$6.10	$6.17	$6.06	$26.18M	4.269M

Buyers (Bids)

No.	Vol.	Price($)
2	33464	$6.14

Sellers (Offers)

Price($)	Vol.	No.
$6.15	10899	3

View Market Depth

No.	Vol.	Price($)
1	51813	6.130
5	62845	6.120
2	32496	6.110
3	16236	6.100
3	16500	6.090

Price($)	Vol.	No.
6.160	38426	8
6.170	274652	14
6.180	45466	9
6.190	34300	4
6.200	44441	32

Last trade - 16.10pm 19/06/2024 (20 minute delay)

QAN (ASX) Chart

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