Contrarian view? This has just melted up with the rest of the equity bubble.
$QAN is now at record high market cap having sold its land in Mascot and now without any tangible assets remaining on its balance sheet apart from a very delapidated fleet leading to a negative book value and damaged brand. Couple that with inflationary pressures and higher interest rates and geopolitical tensions and competition stepping up in Australia. But, sure, the market simply undervalued $QAN in years past and is correct in valuing this now LOL
Will QAN survive?, page-5290
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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 |