PPRuNe Forums - View Single Post - QF shares hit $2.00, discuss
Thread: QF shares hit $2.00, discuss
View Single Post
Old 8th Aug 2011, 06:58
  #213 (permalink)  
tail wheel
Moderator
 
Join Date: Jan 1996
Location: Utopia
Posts: 7,438
Received 220 Likes on 119 Posts
Yes Tosser, last QAN sale $1.595, down 5.62% on the day. 18,839,821 shares traded - someone is buying?

Virgin last sale $0.250, down 1.96% on the day. Surprisingly 11,826,912 shares traded.

I haven't checked but isn't QAN's market capitalisation getting very close to their total net cash reserves?

If correct, Qantas is becoming an asset stripper's wet dream!
tail wheel is offline  
Reply