Originally Posted by
CaptainInsaneO
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..
Originally Posted by
KRviator
Which would be $9.18 today, if you were to apply inflation per the RBA's calculator...I don't think I'd be overly happy to have experienced a 30% reduction in share price between joining and leaving a business I was CEO of, when all you've done is gut the place...
But these kinds of "managers" don't give a rats - and we've seen that time and time and time again, yet "they" keep getting away with it. Short of adopting Communism, I'm not smart enough to work out what the answer is.
Seriously? Is it that difficult to get the actual numbers?
On 28 November 2008 when Joyce took the reins at Qantas the share price opened at $2.51.
Escalating that by CPI gets you to around $3.67. Escalating by the increase in the All Ords over the same period gets you to around $5.14.