Because Qantas is the biggest grifter of taxpayer funding in Australia's post-covid chapter. Further, it is amazing that the board haven't sacked Alan Joyce. He's running the airline into the ground.
For these reasons, and the fact that $QAN is the most blatant bubble on the ASX, I am shorting this trash. I would've shorted Holden and Ford's Aus operations if they were ASX listed but they weren't. In any case they are examples of where Qantas is heading. A fool should be able to see it but these are the things that happen in equity bubbles - and the post-covid "everything bubble" is the dumbest equity bubble of all time.
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10 | 107501 | 5.900 |
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Price($) | Vol. | No. |
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