Weak operator, not necessarily competitor. Two options, both effectively for sale before covid struck.Air North and Cobham Australia.Cobham would tie AQZ becoming a bit player for Qantas. It would be an explanation for Qantas buying 19% of AQZ last year.I wouldwould prefer AQZ taking over Air North. It is not too big to swallow and we have recently set up a Darwin base that would be complementary. Maybe flog off the small plane routes to Rex or others. It would also give AQZ some experience with Embraer aircraft as a precursor to the day we need to start replacing Fokkers. I also consider it better to avoid Qantas and stay in the Virgin camp as there will probably be more wet lease opportunities there.
Ann: Trading Update No 3 & COVID-19 Response, page-9
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Last
$2.76 |
Change
0.010(0.36%) |
Mkt cap ! $443.6M | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.80 | $2.72 | $110.7K | 40.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 9496 | 2 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| AQZ (ASX) Chart |