I have no idea, but according to the RSI it is heading into overbought territory; go figure:
As you have rightly pointed out today's share price action is on relatively light volumes. So far today 70,114 shares traded. This compares to the average daily volume last 12 months of 159,289. This data from CommSec says much on the liquidity of AQZ:
We have not heard from Management since the AGM, so can only be guided by their address and outlook statement:
Outlook
"As our investment in the fleet starts to conclude our focus is now on training additional
operational staff at a safe rate. The company continues to invest heavily in internal and
external training.
With the need to utilise some overseas pilot training we estimate that our previous E190 wet
lease roll out is running up to ten weeks’ late. On this basis we now do not anticipate having
all E190’s fully crewed and in service until early in the 4th Quarter of this financial year.
The E190 entry into service program is running on time and all E190’s will be in service by
February 2023.
Contract charter growth opportunities continue to be pursued in conjunction with increasing
schedules for a number of current clients.
At that time, we will have all 70-jet aircraft in revenue service for the first time with significant
profit and cash flow uplifts."
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Last
$2.90 |
Change
0.010(0.35%) |
Mkt cap ! $466.1M |
Open | High | Low | Value | Volume |
$2.89 | $2.92 | $2.84 | $127.9K | 44.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4288 | $2.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 17499 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4288 | 2.840 |
3 | 6900 | 2.810 |
4 | 9785 | 2.800 |
1 | 1800 | 2.790 |
1 | 200 | 2.780 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 17499 | 1 |
2.920 | 74 | 1 |
2.930 | 15501 | 1 |
2.950 | 500 | 1 |
2.960 | 3399 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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AQZ (ASX) Chart |