I think AQZ is fine the way it is, taking a measured approach to market opportunities where the risks present the appropriate rewards. AQZ’s current shareholders or customers interests wouldn’t be served with new backers trying to change the business model and take on QAN - OK existing shareholders might have had a short term value uplift but i’m happy to support the existing business model and growth prospects as a means of achieving value while not poking the bear.
In any case aren’t QAN shortly about to face a recapitalised VA with a strong backer and the prospect of REX finding some new backers to cherry pick the profitable routes? Happy for someone else’s cash to be used than mine.
Ann: Trading Update No 3 & COVID-19 Response, page-21
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Last
$3.10 |
Change
0.000(0.00%) |
Mkt cap ! $498.2M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.04 | $379.9K | 123.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5575 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 2156 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AQZ (ASX) Chart |