Probably because without government charity payments, Qantas would either be in administration right now, or coming back to investors and/or financiers with their cap in hand begging for more capital.
If you think that is a healthy business, you may want to reconsider things.
Granted, there are some upsides for Qantas (Virgin is a basket case) and Qantas now rules the roost of Australian corporate flyers, but the headwinds are massive, namely:
- Environment of medium & long term interest rates beginning to rise
- Any upside to the world aviation market re-opening is actually a catch 22 because the sudden rush of demand will also send world oil prices sharply higher, particularly if there are supply chain issues at the same time
- If vaccines don't do what we've been told they do, Qantas is basically a sitting duck. I hope their bankers have rights over any security.
- Any future significant outbreaks delay reopening and put additional pressure on the balance sheet which may need to be propped up with more investor / banker capital.
- Forums
- ASX - By Stock
- Will QAN survive?
Probably because without government charity payments, Qantas...
-
-
- There are more pages in this discussion • 5,870 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.97 |
Change
-0.010(0.14%) |
Mkt cap ! $10.89B |
Open | High | Low | Value | Volume |
$7.02 | $7.02 | $6.94 | $52.91M | 7.587M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 453 | $6.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.98 | 4777 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 453 | 6.960 |
2 | 516 | 6.950 |
4 | 6912 | 6.940 |
6 | 91818 | 6.930 |
4 | 52321 | 6.920 |
Price($) | Vol. | No. |
---|---|---|
6.980 | 4777 | 6 |
6.990 | 43994 | 3 |
7.000 | 48865 | 7 |
7.010 | 47512 | 3 |
7.020 | 5706 | 4 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
QAN (ASX) Chart |