Originally Posted by
C441
Ahhhh Geoffrey Thomas. I hate to tell you but the Qantas share price was $4.85 in January 2008, not long before Alan Joyce took the CEO reigns.
It did plummet to just on $1 but that was after Alan took control. A cynic would suggest (and many did at the time) that his long term bonus shares would vest nicely based on his allocation at the floor price during that period.
QAN was $6.34 in Nov '07 - a year before AJ
I'd think the average age of the fleet was much younger and there were many more employees at the company then too.
Look where they are now..