Originally Posted by aeromedic
Given no profit, downsizing, lower business prospects, most assets leased.... who would lend them the money?
Plenty. The same amount of money is still out there, looking for a home to be invested in, it's just that investors look for less risky opportunities at present.
QANTAS is that less risky proposition.
Originally Posted by aeromedic
There is no lender in today's financial climate worth their salt that would provide the kind of finance required to Qantas, particularly at the current share price which reflects the VALUE of the company.
Nope. The "current" share price reflects what someone sold the last share at and the price at which someone else bought it. It does not represent the prices that you can buy all shares at nor does it reflect the value of the company. It represents what a seller was prepared to sell their share, or part of their share, of the company for to a matching buyer at that point in time. If you wanted to buy all of QANTAS you'd be looking at a fairly massive premium to the current share price.
Originally Posted by aeromedic
New aircraft.... forget it!!!
I'll wager a lazy $50 on that.