QAN 0.61% $3.24 qantas airways limited

nz regulator to announce today

  1. 3,694 Posts.
    At 1100 AEST according to egoli.
    General expectation is that the alliance will be refused and if so there may be some retail selling. Whether the insto's sell is hard to say since they've probably already factored the no vote in.
    Of course if NZ gives the green light the stock should pop. However....... rumours that Virgin Blue may float sooner than later may weigh the stock down since there'll be some players who'll sell down their QAN stake to take a position in Virgin.

    What does this all mean?

    Don't ask me. I'm only a late middle-aged balding old fart who knows FA and I don't mean fundamental analysis.
    If I was really smart I'd be an 18 year old long haired pop star being paid squillions to wear tight pants and sleeping with a different groupie every night, while on a permanent high, thanks to certain mind bending substances. (sigh).
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