Before the closing date of 9 July, hopefully there have been some developments on the Virgin sale front that will give a clearer picture on what (and how) the $100m to $120m is going to be spent on.. A bit of press this week saying both remaining bidders are looking at a slimmed down Virgin going forward so assume this leaves opportunities that AQZ fancies picking up.
Until then, look on the SPP as an option to purchase at a price no greater than $2.95. Shouldn't be any meaningful scaling given up to $30m sought from existing shareholders under the SPP, so if share prices improves over next three weeks, there is a 'free ride' available.
Ann: Share Purchase Plan Announcement & Booklet, page-3
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Last
$2.58 |
Change
-0.080(3.01%) |
Mkt cap ! $415.2M | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.66 | $2.56 | $82.68K | 31.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 820 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 800 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| AQZ (ASX) Chart |