I bought in a 2.97, a day after the earnings announcement. Just sold out today for 3.185, for a tidy profit. Thinking that we might've hit the top for now.
Last edited by dagdaniel1; 15-06-2017 at 08:21 PM.
Reason: Sold for 3.185, not 2.185
A few cuts in Status Points and Airpoint Dollars in the works from 1 July, especially for regional travellers. The minimum SP earn on regional routes has been cut from 8SP to 4SP.
I got itchy fingers too, so sold out at $3.195 yesterday.
I hope I won't regret that move. I've had most of my holding since $1.25 four years ago so it's been a great performer for me. Best of luck to those still holding.
After a decade of underperformance and a stunning turnaround over the last three years, Qantas’ stock price has finally hit the $5.45 price that former chair Margaret Jackson said shareholders would be stupid to reject (when somebody tried to buy them)
Wow - and AIR reaching towards new highs (for 15 or so years) ....AIRlines in favour eh
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Yes, even bigboy Buffett who hates airlines now loves airlines. I will also disclose that I sold out yesterday, but only to be poised for entry into another entity, a world away from airlines but just as turbulent.
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Originally Posted by Tweak
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