Seriously, thank you for demonstrating how some Qantas shareholders have absolutely no idea when it comes to investing in shares.
You can't compare share price now vs then. QAN issued $71.7m worth of shares last year at $3.18 (around 22.5 million additional shares) that diluted existing shareholders. Total shares * share price = market capital. Compare that.
But even that doesn't tell the full story.
Market capital + debt = enterprise value. Think, "if I were to buy out this entire company by paying off the shareholders and the banks, what would it cost?". This is enterprise value. With more than $1.5bn of extra debt post-covid, the current EV is higher than pre-covid.
What you're doing when saying $7.46 > $5.20 is comparing apples with half eaten oranges and it shows how little you know about investing. I imagine that there are many of you doing the same thing, hence paying these ridiculous prices for a practically insolvent company.
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Last
$7.16 |
Change
0.130(1.85%) |
Mkt cap ! $11.19B |
Open | High | Low | Value | Volume |
$7.08 | $7.16 | $7.04 | $61.31M | 8.623M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 184775 | $7.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.17 | 55943 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 184775 | 7.140 |
1 | 15 | 7.130 |
1 | 1000 | 7.120 |
3 | 28480 | 7.100 |
3 | 31435 | 7.090 |
Price($) | Vol. | No. |
---|---|---|
7.170 | 54009 | 8 |
7.180 | 53587 | 11 |
7.190 | 11259 | 2 |
7.200 | 141716 | 55 |
7.210 | 10005 | 5 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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