July 12, 2024
Qantas Airways ($QAN) has come out steaming ahead this week on the Raiz platform, storming up the charts for a silver medal finish. The national airline has close to 8000 shares traded this week, an increase of 231 per cent which saw it move from sixth place last week to now second place. Reports have surfaced this week that ASIC has recently raised questions about certain price movements in the flying kangaroo shares last year. ASIC wrote to the ACCC about its timeline of investigation into the airline, to see if directors or executives knew about the investigation before it happened or before the drop in the share price. Despite these legal issues, it’s still a popular stock to own.
