Qantas (QAN)

Discussion in 'Stocks & Derivatives' started by scott_reeve, Mar 1, 2020.

  1. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    YOu are wrong, GM paid back most and is still paying back its bail out.

    A breakdown of GM's repayment to date
    Of that $49.5 billion that was lent to GM, the U.S. Treasury has so far recovered about $35.4 billion. Here's how it breaks down:

    • GM paid back $6.7 billion in cash, the last of which was paid in April 2010. That was when then-CEO Ed Whitacre declared in TV ads that GM's debt had been "paid in full." (I bet he wishes now that he hadn't said that.)
    • $13 billion via GM's IPO, back in 2010. GM didn't actually get any money from its own IPO – it was done primarily in order to let the government sell off part of its holdings. The Treasury Department sold about 45% of its total GM stock holdings in the IPO.
    • The U.S. received another $2.1 billion when GM bought back some preferred stock from the Treasury in late 2010.
    • The U.S. got another $5.5 billion when GM bought back 200 million shares of its stock from the Treasury last December. At the time, GM and the Treasury agreed that Treasury would sell its remaining holdings gradually, on the open market.
    • Treasury has received about $8.1 billion from its sales of GM stock on the open market since the beginning of 2013.
    The idea that bailout money isnt paid back is just conspiracy theories people want to belive becasue they want to or are gullible

    Some never pay back for sure.... but they are bankrupt and no longer in business


    If it was FREE why did Ford say NO thank you
     
    Last edited: Mar 13, 2020
  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    The aust gove who I was refering to did not bail out GM

    but we pain them BILLIONS to keep holden manufacturing here and well how did that work out

    I dont see Gm paing us back

    my point is our governmet gave GM BILLIONS to stay here and with no strings attached -- with QANTAS IF they needed a bailout the govenment will step up here.

    Also Virgin will fall long bfore Qantas and that would boos Qantas anyway
     
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  3. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    I think you are confusing blackmail to bailout
     
  4. scott_reeve

    scott_reeve Active Member

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    QAN weekly chart update:
    [​IMG]

    Friday 13th, intraday chart:
    [​IMG]
     

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