I think $0.45 as Unions are hard nosed and will try very hard to ruin QANTAS. Unions will buckle as they are as smart as my 7 year old. I recently resigned from a contract in excess of $300,000 per annum as unions wanted me to pay double the award rate of pay. I had to terminate the staff, many jobs lost due to the UNIONS. In some cases, they are very good. In 99 percent of cases, they are fools.
I would suggest anyone paying union fees should invest this money in the market. What do they do for you? They ensure you lose your job through bullying and other.
VBA looks good buying to me. Watch QANtas die.....
VBA Price at posting:
36.0¢ Sentiment: ST Buy Disclosure: Not Held