Yes, there are a lot of burned holders in qan and virgin group. I get that. Yes, there have been airline collapses. Which actually hardens the resolve for qantas to be kept alive at all costs. Ask any Australian Prime minister if he/she would let Qantas fail? As I said, too much of a political risk. State govts would also be throwing support in. Qantas nearly was chopped up when sp went under $1 but it was snatched from the fire, saved. Itd too political. Qantas would be supported if it came down to it.
QAN Price at posting:
$5.30 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)