QAN 0.00% $4.69 qantas airways limited

Rights Issue dead

  1. 10,373 Posts.
    lightbulb Created with Sketch. 4
    Hope QAN executive hold a post-mortem and try to understand why they will raise only $600 mio of the $800 mio they need.

    The retail investor will, in all probability let his offer lapse.

    The small (long term) punter, if he really wanted to buy his 1 for 8 allocation would be doing so now at around $4.05, rather than the $4.20 issue price.
 
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