PPRuNe Forums - View Single Post - Red Q - Dead in the water?
View Single Post
Old 20th Nov 2011, 00:32
  #17 (permalink)  
The The
 
Join Date: Jan 2001
Posts: 405
Likes: 0
Received 38 Likes on 11 Posts
So if the plan is falling apart, why are board members buying shares?
There was/is a definite risk factor in the share price over the RedQ thing. It might pay off, but it is risky and may sink hundreds of millions for nothing.

Perhaps removing RedQ removes the risk.

Still no doubt international will continue to shrink, but there might be a substantial refocus on the domestic brand. it is after all the most profitable segment by a huge margin. It will continue to bring the most stable earnings.

Shareholders (including directors) like stability, and maybe even a dividend in the future.

I would say one thing for sure - if RedQ is dead, so is Joyce. His position would be totally untenable if his Qantas saving plan gets canned before it begins.
The The is offline