QAN 0.67% $6.04 qantas airways limited

I've been building up a short position using CFDs (currently...

  1. 736 Posts.
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    I've been building up a short position using CFDs (currently through IG, though any CFD provider would have them).

    $QAN will have burned through their second chunk of taxpayer bailout money with rising interest rates and a tremendous amount of capex ahead of them coupled with discretionary spending about to fall off a cliff while people struggle to pay their mortgages and a continuation of working from home (both of which are currently hammering the commercial property sector in the US). How so few can see the wave a recession coming at us now is confounding.
 
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$5.99 $6.04 $5.96 $5.574M 928.7K

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Last trade - 12.44pm 05/07/2024 (20 minute delay) ?
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