In and Out
Have been in and out of Qantas shares at least a dozen times since the float.Have made an absolute killing,not to mention the dividend.
Its been more good luck than good managment at the rat.Qantas gained at least 7 years growth in a year when Ansett fell over.Dixon had no particular talent but pure dumb luck was on his side.
The employees at Qantas have always had more invested in the place than management ever had.When Qantas was taken over by TAA and Strong all the Red Tail Men were given the boot.The place has never been the same
There is more knowledge about how to run an airline amongst the employees than there is with the current crop of management.
An employee buyout would see mainline grow again and perhaps regain some of its former glory.
Yes Yes...I know.....I must be dreamin'