Use your brain for a moment @craftcheese. Why would $QAN be valued at a price much higher than its pre-covid all time highs given what has happened since the pandemic began? We now have reduced business travel due to the uptake of online meetings, multi decade inflationary highs, an imminent recession and geopolitical tensions increasing week by week. Couple that with $QAN having sold its tangible assets (mainly the land in Mascot) and an overdue capex spend (which is one reason behind the service problems that we keep hearing about). And analysts think that company is worth MORE now than ever before? LOL. The madness of herds in bubbles is phenomenal.
Will QAN survive?, page-5426
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Last
$7.18 |
Change
0.020(0.28%) |
Mkt cap ! $11.22B | |||
| Open | High | Low | Value | Volume |
| $7.16 | $7.34 | $7.13 | $53.19M | 7.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31606 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 9396 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |