Sunfish,
Could there be a whiff of inside trading in the NY buying of QF shares, for it does not mean that the shares are being bought by offshore investors??
With a price of around $A3 now and the supposed value of QF shares beind $A5.45 (aka APA) some "in the know" might see it as the time to buy.
And what could trigger a significant jump in th QF share price?
- Settlement of the Engineers dispute / EBA.
- The knowledge that the present fuel prices are the result of speculative buying ( and that QF are well hedged against those high prices).
- THE IMMINENT DEPARTURE OF GD AND SOME ENGINEERING "MANAGEMENT"???????
Role on.....