markis10
Veteran Member
- Joined
- Nov 25, 2004
- Posts
- 30,741
- Qantas
- LT Gold
Share price reflects what the market believes the company is worth divided by the number of shares on offer. Qantas has close to 2.3billion shares on offer, even BossReggies numbers don't register as a blip on the radar. You would need FF to purchase SIGNIFICANT amounts of shares to have an effect on the shareprice, then in turn these flyers would need to do the BIS miles to give $ back to the airlines - on top of what they're already spending.
My actual point was that the only way QF get money from shares is when they issue even more shares onto the market.
I was looking at ways to get more people to fly QF and rewarding the shareholders at the same time, its hypothetical but interesting to contemplate, having a shareholders package that offered value/discounts could entice a lot of retail investors to buy in, a couple of million making a purchase would be positive and noticable, especially given they are down 26.5c now.