I understand a great deal of what you're saying. But this forum has descended into the madness of corporate venom. It's almost a soap opera.
I'd love to lose the great 'icon' issue for once and for all. It's almost as if Qantas has to compete with Vegemite, Aeroplane Jelly, Tim Tams, Victa mowers, and Hills Hoist in the great Aussie icon-a-thon. I don't even think Americans are crying that the service on American Airlines has gone substantially downhill. I've worked with a number of Americans over the last decade and most fly Asian carriers going west. One colleague once quipped, "On AA, the service is crap, the seats are uncomfortable, but at least the cabin crew are unfriendly and on the wrong side of 50."
My problem with this forum is not philosophical, it's existential. The railing against QAN as a company is mostly emotional, and I'm talking about downright vitriolic. It's either about the government funds, remuneration given during the pandemic, or the outrageous treatment of workers, irrespective of those who were offered redundancies.
The appreciation in share price is my existential focus. Explanation? It's the buy back, no - it's ill-informed mum & dad investors. Broker reports are all rigged, and the board belongs in prison.
The bullet-point I must make here is that when QAN announced its post-COVID recovery plan two years ago, I had two choices. Listen to the board and buy in between $3.50-4.90, or listen to voices here opining that $5 was the top, collapse was imminent, and it would never get above $6.
Here's a serious question.
Who do you think I'm happy I didn't listen to?
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$6.17 |
Change
0.080(1.31%) |
Mkt cap ! $10.05B |
Open | High | Low | Value | Volume |
$6.18 | $6.20 | $6.11 | $62.34M | 10.14M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 42071 | $6.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.17 | 23044 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31390 | 6.140 |
4 | 60413 | 6.130 |
8 | 57407 | 6.120 |
2 | 3999 | 6.110 |
3 | 11376 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 23044 | 3 |
6.180 | 54715 | 4 |
6.190 | 695641 | 12 |
6.200 | 97509 | 34 |
6.210 | 9660 | 5 |
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