Groundhog day as Xenophon again turns up heat on Qantas
Xenaphon's continued criticism is well foundered but are the directors obliged to reply? Is this the way corporate Australia behaves generally or are we just incredibly lucky at Qantas? Sunfish do you really believe some New York hedge funds are that smart to muck around with a relatively small Aussie company? Perhaps they're not that smart either judging by how much their paper loss is and how it's apparent that the share price will never recover to the giddy prices of over 5 Bucks a share! For many years the staff at Qantas have known just how ineptly the company has been run and yet nobody was listening until now. The question remains though, how much longer do we have to endure the Clifford/Joyce era that will surely go down as the worst period in Qantas' great history. The two will dig in never to admit failure or defeat and Qantas will continue to decline and suffer a slow painful death.