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$6.22 qantas airways limited

I am very, very far from being a fan of Labor.

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tony75

736 Posts.

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26/06/23

10:09

Post #: 68465857
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Originally posted by Hopeful9: ↑

You are a fan of Labor, but its economic mismanagement is about to come to the fore, with multiple further interest rate rises set to directly hit a quarter to a third of the population, and encourage a 'herd effect' of individuals who are less (or not) adversely affected also collapsing their smartphone apps and putting a proverbial lock on their wallets and purses.

While lead times for international bookings have reduced, they still tend to be longer in advance than domestic air bookings. Both are highly likely to reduce in coming months, unless individuals and corporates continue to place a higher value on travel than other expenditure.

I completely agree with you that QAN (and REX/Virgin Australia/Bonza) face challenging times, and we need to also remember how fast QAN's fleet is ageing, and how aircraft manufacturers may well continue to suffer delays in delivery of new planes. The other vexed question is 'how will QAN pay for its aircraft orders if revenue starts to decline as we enter a recession?'

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I am very, very far from being a fan of Labor.

Last edited by tony75: 26/06/23

QAN Price at posting: $6.12 Sentiment: Sell Disclosure: Held
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(20min delay)
Last $6.22		Change 0.000(0.00%)		Mkt cap ! $10.12B

Open	High	Low	Value	Volume
$6.23	$6.25	$6.20	$14.11M	2.266M

Buyers (Bids)

No.	Vol.	Price($)
15	22395	$6.21

Sellers (Offers)

Price($)	Vol.	No.
$6.22	30257	45

View Market Depth

No.	Vol.	Price($)
26	10680	6.210
35	76027	6.200
16	37992	6.190
13	41452	6.180
16	111352	6.170

Price($)	Vol.	No.
6.220	34659	61
6.230	66286	23
6.240	43485	24
6.250	101761	28
6.260	102667	14

Last trade - 14.14pm 14/05/2024 (20 minute delay)


Last $6.23			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
$6.23	$6.25		$6.21	1345465
Last updated 14.33pm 14/05/2024 ?

QAN (ASX) Chart