Share Prices

[Greg McDonald]

Did anything interesting happen with Qantas today? Their share price dropped a huge 17% to $1.905 cents.
Virgin Blue also dropped but only by .005c. They now stand at the great price of $0.280 cents!!

[Michael Morrison]

Did anything interesting happen with Qantas today? Their share price dropped a huge 17% to $1.905 cents.
Virgin Blue also dropped but only by .005c. They now stand at the great price of $0.280 cents!!

I presume the drop in QF is due to the devaluation of their stock after the $500M institutional equity raising yesterday.

[Mark B]

Place $500 million worth of shares at $1.85, and the drop came after dropping 16c earlier in the week when news leaked.