Qantas announces $1.9 billion loss
Join Date: May 2012
Location: Sydney
Posts: 69
Originally Posted by gordonfvckingramsay
Whether he’s posturing for a government handout or laying down a precursor to more job losses/downward pressure on pay and conditions, the only certainty is he will do VERY well out of this while we all burn.
While the share price is low, AJ & his sidekicks will transfer all of their income to share options at a predetermined price and stave of taking any salary for as long as they can/have to. Then when the timing is right and/or there's a big enough distraction, they'll collect their share options and cash them in. A very large percentage of executives around the world are using the same strategy during the downturn.
Join Date: Feb 2006
Location: Perth
Posts: 181
Originally Posted by Double_Clutch
When will QF be seeking Government support?
Join Date: Jan 2006
Location: Sydney
Posts: 166
Originally Posted by gordonfvckingramsay
For......?
Join Date: Sep 2011
Location: Unfortunately not the Orient
Posts: 296
Originally Posted by ANstar
For not running the business into the ground like over the fence at Virgin perhaps? I guess if you don't like working for the rat you can always go to VA. Oh wait....
Join Date: Jun 2011
Location: The World
Posts: 1,008
Originally Posted by Sunfish
As I said some time ago, the bankers are worried about Qantas survival without a bail out.
Join Date: Sep 2003
Location: Somewhere on the Australian Coast
Posts: 914
Originally Posted by dr dre
But seemingly not the investors. Share price up almost 4% the day after the announcement. Share price up to $3.70 from $3.20 three weeks ago. They’re seeing something these supposed bankers aren’t.
Join Date: Jun 2008
Location: Kichin
Posts: 525
Originally Posted by DirectAnywhere
A bailout? Potential government $$$ is always good news. Look at US stocks in the midst of the biggest recession/ depression for almost a century.
Join Date: Sep 2019
Location: HKG
Posts: 232
Originally Posted by Bug Smasher Smasher
Need to get the states to start funding JobKeeper. Watch how quickly the borders open up then.
Although I suspect WA won’t care, they will just keep feathering their own nest and keep riding on their resources to prop them up.
Last edited by Green.Dot; 22nd Aug 2020 at 22:45.
Join Date: Jun 2019
Location: Denmark
Posts: 457
Originally Posted by Sunfish
Opening interstate borders isn’t going to help until customers have confidence that the coronavirus risk is both small and manageable.
