Qantas unlikely to take off as destination for value investors

Amelia Bott
StocksInValue
Qantas unlikely to take off as destination for value investors. Qantas has raised a white flag outside the captain's window on domestic capacity, but it won't save your shares in the carrier. On generous assumptions of higher profitability after the end of the domestic capacity price war, the stock is still only worth about 80c, which compares with a $1.41 share price. For David Walker of StocksinValue's full article go to (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire