Qantas Airways Limited

By Intelligent Investor · 6 Sep 2002

By Intelligent Investor ·
6 Sep 2002

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Qantas Airways Limited - QAN

Current price

$5.62 at 16:40 (19 April 2024)

Price at review

$4.15 at (06 September 2002)

All Prices are in AUD ($)

Geoff Dixon has put his hand up for $800m to continue the fleet upgrade. The big end of town has thrown in around $600m while another $200m or so is being sought from 'mums and dads' at $4.20. This offer isn't particularly attractive and the shares are down 9% since issue 107/Jul 02 (Sell - $4.54). We continue to suggest you SELL.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Qantas Airways Limited

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Qantas Airways Limited

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