Well it's cost $15m as of close of trade yesterday to prop up this artifical share price (which is surely linked to Joyce's remuneration...).
How much more will be spent today in an otherwise very red market?
How much more will be spent over the coming weeks as the global economy has gone into a full blown recession and the market keeps metling back down to where it belongs?
And then where will the share price go when Joyce has blown $400m artifically propping up demand of $QAN shares instead of paying down debt, buying new planes and properly staffing the company?
It's the dumbest corporate move that I've seen from a big company in a long, long time.
Well it's cost $15m as of close of trade yesterday to prop up...
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Last
$6.21 |
Change
-0.010(0.16%) |
Mkt cap ! $10.11B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.27 | $6.18 | $23.05M | 3.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16518 | $6.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 1478 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |