PPRuNe Forums - View Single Post - The Qantas Sale Act
View Single Post
Old 25th May 2011, 00:05
  #5 (permalink)  
1a sound asleep
 
Join Date: Apr 2007
Location: FL290
Posts: 763
Likes: 0
Received 2 Likes on 2 Posts
I have kept all my company allocated shares.If Q is taken private am I able to keep them?
NO

I was so against the buyout of QF when it was on the cards. Seeing the mess its in I wish they had given me the $7 shares, let the thing go belly up and collapse. The Govt could have used the $$$ they got from the initial share sale and started Qantas II.

I blame Dixon for 95% of the woes. Mainly keeping to an old 744 fleet and not following the likes of SQ and EK to a modern efficient flexible fleet. Instead he pretended QF was making money, when in reality those profits should have gone to buying 777's and writing off old fleet
1a sound asleep is offline