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
$7.00 |
Change
0.025(0.36%) |
Mkt cap ! $10.89B |
Open | High | Low | Value | Volume |
$6.93 | $7.01 | $6.93 | $6.916M | 992.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 30564 | $6.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.00 | 8612 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 27964 | 6.990 |
30 | 64003 | 6.980 |
13 | 42484 | 6.970 |
10 | 26342 | 6.960 |
8 | 80240 | 6.950 |
Price($) | Vol. | No. |
---|---|---|
7.000 | 22008 | 16 |
7.010 | 58661 | 21 |
7.020 | 66154 | 16 |
7.030 | 54632 | 14 |
7.040 | 102485 | 10 |
Last trade - 11.53am 04/10/2024 (20 minute delay) ? |
Featured News
QAN (ASX) Chart |