QAN 0.59% $6.78 qantas airways limited

Yes, miracles indeed. Nothing short of wizardry..They managed to...

  1. 985 Posts.
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    Yes, miracles indeed. Nothing short of wizardry..

    They managed to hoodwink many and timed it well to have their balance sheet reflect $15 M equity on the exact day the balance sheet was being complied. No doubt the very next day they would have moved things around and stooped right back into negative equity, where they have been for some time. Quiet remarkable for a company that went over $10 Billion in market cap a few weeks ago..

    QAN is like watching a house fire. You know its horrible, you hope there's noone in the house and you are glad you are not in there either. But you cant take your eyes off it.
 
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