Fatcats Buy In
Qantas' low-flying stock appeals to its directors. Photo: Jason South
NEARLY half the Qantas Airways board has bought shares in the company this month.
Interests associated with John Schubert, a non-executive director, have been the latest buyer, spending $99,999, while Leigh Clifford, the chairman, last week boosted his stake threefold by spending $163,000.
Garry Hounsell spent $59,213, Paul Rayner outlaid $79,500 and at the beginning of the month Patricia Cross spent $31,800.
Do they have knowledge that the market doesn't?