These low share prices can be attributed to the following:
-Record oil prices
-Industrial upheaval at QANTAS. Remember, MAP has some 79% interest in Sydney Airport, and air traffic would be greatly affected by this issue. Especially with QANTAS cutting staff and reducing the number of routes.
-Virgin on the brink of collapse. Trading around 90c.
-Slowing world economy = less tourism = fewer air passengers = less air traffic.
is map the next cnp, page-25
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
