QF shares hit $2.00, discuss
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3.21 pm now 1.47.5 down 5.4% market down 2.88%, so much for that announcement last Tuesday, the market loved it according to the business press, I note the Q new spirit add gag is all over smh.com.au today... so don't expect anything like a story from them .
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Closed on new 52 week low 
$1.45 sheesh!! Will the all time bottom price be reached soon?????
Actually come to think of it just crunching some numbers in head.
The idea of releasing employees super to buy a stake in this is actually becoming quite cheap going of the latest closing market cap today.
Roughly 9k each employee will gain a %10 controlling stake
That would make the employess majority shareholder and chance to sack the board
If only dreams would come true
$1.45 sheesh!! Will the all time bottom price be reached soon?????
Actually come to think of it just crunching some numbers in head.
The idea of releasing employees super to buy a stake in this is actually becoming quite cheap going of the latest closing market cap today.
Roughly 9k each employee will gain a %10 controlling stake
That would make the employess majority shareholder and chance to sack the board
If only dreams would come true
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Flush
Now 1.455 6.7% down 4.31 pm
If it looks like sh#t and smells like sh#t then it probably is sh#t, and it would seem the shareholders and the market are just starting to smell the sh#t......
Market confidence and the value of QF has reached a similar level as management's ability - an all time low !
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Originally Posted by budfox
Roughly 9k each employee will gain a %10 controlling stake
That would make the employess majority shareholder and chance to sack the board
That would make the employess majority shareholder and chance to sack the board
Blocking stake is the game now.
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burrito
No that doesnt include any of the employees shares already owned.
Was just a round about figure calculated across the whole workforce to get to that amount.
So it is very possible that it would be a lot lower for some
Why stop at %10 hey just release all the super and buy the whole company for just a tad over 3 bill lol
May as well it aint getting any better anytime soon.
Was just a round about figure calculated across the whole workforce to get to that amount.
So it is very possible that it would be a lot lower for some
Why stop at %10 hey just release all the super and buy the whole company for just a tad over 3 bill lol
May as well it aint getting any better anytime soon.
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Market -0.48% Q -2.1%
Aug 22-08-11
S&P/ASX 200 at 07:03 PM
4082.257-19.7-0.48%QAN
Last Price ($A) $1.4200 Change -0.0300 -2.1% Prev Close 1.4500
S&P/ASX 200 at 07:03 PM
4082.257-19.7-0.48%QAN
Last Price ($A) $1.4200 Change -0.0300 -2.1% Prev Close 1.4500
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My my aren't the CEO and Board doing a wonderful job? A new record and an all time low! Congratulations!
I am wondering if the shareholders are all on holidays, have their heads buried in the sand or simply happy to see this new all time low set? Obviously you are all quite content to watch your investment keep sinking to the bottom of the corporate ****ter? Perhaps you think you are Dorothy from Wizard Of Oz and that the overpaid suits that you are trusting your investment with will click their heels three times and say 'There is no place like $6.00 per share'!!
I am wondering if the shareholders are all on holidays, have their heads buried in the sand or simply happy to see this new all time low set? Obviously you are all quite content to watch your investment keep sinking to the bottom of the corporate ****ter? Perhaps you think you are Dorothy from Wizard Of Oz and that the overpaid suits that you are trusting your investment with will click their heels three times and say 'There is no place like $6.00 per share'!!
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Well it is mainstream now,
But an early bounce was short lived as Qantas shares slid 3¢ to $1.42, equal to an all-time low struck in March 2009 in the aftermath of the global financial crisis.
Qantas now faces a threatened motion of no confidence in Mr Joyce, the chairman, Leigh Clifford, and its board at the airline's annual meeting in October. Unions representing long-haul Qantas pilots need the support of 100 shareholders to have the motion included in the notice of meeting.
Corporate-governance experts said a motion was unlikely to amount to anything more than a small protest vote because institutional investors were expected to support the company. However, if an event later called into question management's competence, then ''it becomes a different story''.
Qantas declined to say whether the pilots and engineers had garnered the necessary shareholder support, describing it as ''another example of unions running a negative campaign to trash the Qantas brand''. (That old chestnut)
Read more: Qantas faces turbulence as unions dig in
Qantas now faces a threatened motion of no confidence in Mr Joyce, the chairman, Leigh Clifford, and its board at the airline's annual meeting in October. Unions representing long-haul Qantas pilots need the support of 100 shareholders to have the motion included in the notice of meeting.
Corporate-governance experts said a motion was unlikely to amount to anything more than a small protest vote because institutional investors were expected to support the company. However, if an event later called into question management's competence, then ''it becomes a different story''.
Qantas declined to say whether the pilots and engineers had garnered the necessary shareholder support, describing it as ''another example of unions running a negative campaign to trash the Qantas brand''. (That old chestnut)
Read more: Qantas faces turbulence as unions dig in
Originally Posted by mmciau
slasher,
YouTube copy not available in Australia!!
Mike
YouTube copy not available in Australia!!
Mike
... due to legal complaint... ho humm.
any way we can get it posted somewhere else?
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Dailymotion - New Spirit? Not - a News & Politics video
This video has gone viral, here in Asia as well, the more they stop it the bigger it will get I guess, it has hit a nerve.
This video has gone viral, here in Asia as well, the more they stop it the bigger it will get I guess, it has hit a nerve.
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slasher,
YouTube copy not available in Australia!!
Mike
YouTube copy not available in Australia!!
Mike
Try TIMA's link above before it too gets blocked by that fuzzy little Irish import. Works ok here.
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Qantas legal is attacking all who speak out against this corporate destruction.
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Here comes the private equity for QF again ...
Just saw a big segment on channel 9. Speculation private equity is circling. Also rumored to involve cashed up players and former executives as stated on the today show at about 6.40am.
Who would have guessed? That is the reason for the share bounce yesterday apparently.
Who would have guessed? That is the reason for the share bounce yesterday apparently.