And yet the share price goes up...Qantas Airways Limited ASX- QAN - 28 Aug 11-06 am AEST1.40 up 0.11 (8.11%)
If they'd known this, they should've reported a $10Bn loss. The share price could've doubled.
Still isn't going to bring it back to 26 October, 2007 ($6.01). The price has dropped back a bit to $1.39 now. And volume is quite high - around 20 Million so far today.