The nature of investing is that you need to be forward looking. In years to come I suspect this will likely be a blip on the radar. If you wait for the future to look rosy then you’ll have missed your chance.
I am a little surprised at where the share price is at though, but it makes sense in some ways. I believe Qantas will bounce back stronger. This pandemic has given them all the justification they needed to implement a lot of cost cutting that I doubt they’d have been able to get across the line in good times. International is also only a small part of the business and domestic is likely to boom in the near term. Also consider less competition from Virgin and it all starts to add up a little more.
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Last
$6.00 |
Change
0.010(0.17%) |
Mkt cap ! $9.744B |
Open | High | Low | Value | Volume |
$5.95 | $6.01 | $5.93 | $2.879M | 481.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 22502 | $6.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.01 | 45424 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 72079 | 6.000 |
33 | 52341 | 5.990 |
19 | 42725 | 5.980 |
13 | 34944 | 5.970 |
13 | 50841 | 5.960 |
Price($) | Vol. | No. |
---|---|---|
6.010 | 34036 | 13 |
6.020 | 46089 | 12 |
6.030 | 49141 | 13 |
6.040 | 114860 | 9 |
6.050 | 14128 | 8 |
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