PPRuNe Forums - View Single Post - Future of Qantas in jeopardy: Joyce (Merged)
Old 3rd Jun 2011, 09:53
  #147 (permalink)  
packrat
 
Join Date: Jun 2007
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Macquarie is the Culprit

Macquarie downgraded QAN shares from outperform to neutral.The shares fell in a market already skittish from recent data on the US economy.Under current circumstances QF is a $1.75 share.Its over valued at $2.03.Look at the data and do the sums.It ain't pretty
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