PPRuNe Forums - View Single Post - QANTAS - Australia II
View Single Post
Old 13th Dec 2006, 18:44
  #162 (permalink)  
GPS72
 
Join Date: Jun 2005
Location: Australia
Posts: 6
Likes: 0
Received 0 Likes on 0 Posts
Hi all
It now seems the deal will be a foregone conclusion, probably around the $ 5.50 per share. My question is: If there is a higher degree of volatility, and as the experts have been saying, the very real possibility of Qantas potentially going bust if there are any more disasters in the airline industry, then how safe is our Superannuation?
I fear there will be massive restructuring and the effort of 35,000 employees over all these years will be dismissed.
Sad days indeed.
GPS72 is offline