Qantas management have beaten everyone to a pulp, smashed the unions, share price up, given themselves payrise's
Including the travelling public and the company image. The share price gain is short-term. Once the figures come out about how much AJ's action have cost the company, and the lack of people travelling on QANTAS, domestic included, the share price will come down again.
It's the big end of town propping up the price. They will then sell out and drive the price down because of the readjusted earnings figures and a drop off in forward bookings.
Once again, the Gordon Gecko's are driving the market and destroying companies and livelihoods.
But that's alright. When no one is employed in Australia, or on wages that can't afford to buy anything, where will the investors get their returns from then?