QAN 0.99% $6.15 qantas airways limited

Will QAN survive?, page-38

  1. 3,630 Posts.
    lightbulb Created with Sketch. 331
    This forum is populated by disgruntled investors and even ex-employees.
    When the pandemic hit, I can understand many lost their shirts, I sold mid last year and luckily got out of the market, even missing the QAN rise to $7.46. Amazingly, come only 5 months later it crashed to $2.11 after the international division collapsed.
    The pessimists screamed it would fall below $1, and I joined them. The price rose, and rose, and recovered back all the way to $5 just before the winter border closures + capital raising. And out they came again....QAN / Joyce are doomed....and on it goes. I ended up buying in the mid $3 range still holding, QAN is not just a bum-on-seats airline. It has a healthy frequent flyer / online sales business which has carried it a little.
    Now that the price is rising again through the $4 range heading back to $5, the desk-thumpers are screaming again....the end is nigh. I want to go on the record here and say I never stated QAN will recover to $7 this year, or even next, perhaps not even 2022, but it will survive profiting 2 parties: QAN stock holders and the blood pressure med pharmas of those who hate the company.
    Others have a serious issue with Joyce. Remember that a stock portfolio doesn't care whether a person is a moral family man or goes home to a frozen cucumber every evening.

    If the sentiment is true, sell & held, then perhaps changing the held to a not held will help you move on.
 
watchlist Created with Sketch. Add QAN (ASX) to my watchlist
(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
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
QAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.