QAN qantas airways limited
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Took a short in QAN just over $6 Saudi's are calling for $80/bl...

  1. vontrader
    22,770 Posts.
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    14/04/18
    10:56
    Post #: 32453239
    Took a short in QAN just over $6

    Saudi's are calling for $80/bl oil

    Just in time for the IPO of their Aramco ...

    http://uk.businessinsider.com/saudi-arabia-oil-price-target-is-80-2018-4/?r=AU&IR=T

    I wonder how the rising price of oil effects QAN expenses ... like for every $1/bl oil increase, their costs increase by $X ?

    Has had a stellar run and performance has been good, but rising oil price needs to be considered
    QAN Price at posting: $5.95 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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