QAN 0.80% $7.42 qantas airways limited

QAN traded between 4.91 and 5.08 in the first 45 minutes of...

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    QAN traded between 4.91 and 5.08 in the first 45 minutes of trading today. "Blue chip" LOL.

    This is the most schizoprhenic trading on a large company that I've seen. It's like glimpses of reality (burning cash towards insolvency) and swapped with delusion ("reopening to more than 100% capacity" LOL) happen on a minute by minute basis.

    I wonder if the shareholders, when they're sitting on tremendous losses as QAN resorts to issuing junk bonds to pay their bills, will look back and wonder why it all went wrong.
 
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