QAN 1.56% $7.14 qantas airways limited

Small investor being crucified.

  1. 10,372 Posts.
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    The questionable logic of QAN in pitching the new issue price at $4.20 is currently costing the small investor heaps.

    Assuming the small investor holds 8,200 QAN he will be offered another 1,000 at $4.20. Based on the previous QAN close, if one takes up the offer then the average price for the 9,200 will be $4.64.

    That compares to the current price of $4.44.

    Ah well, at least the insto's will be able to book a healthy trading profit by arbitraging their allocations.
 
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Last
$7.14
Change
0.110(1.56%)
Mkt cap ! $10.64B
Open High Low Value Volume
$7.08 $7.17 $7.07 $65.72M 9.221M

Buyers (Bids)

No. Vol. Price($)
6 244409 $7.14
 

Sellers (Offers)

Price($) Vol. No.
$7.15 13883 3
View Market Depth
Last trade - 16.10pm 22/11/2019 (20 minute delay) ?
(live)
Last
$7.16
  Change
0.110 ( 1.90 %)
Open High Low Volume
$7.07 $7.17 $7.07 1450121
Last updated 15.59pm 22/11/2019 (live) ?
QAN (ASX) Chart
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