AQZ 0.00% $3.10 alliance aviation services limited

I have no idea, but according to the RSI it is heading into...

  1. 956 Posts.
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    I have no idea, but according to the RSI it is heading into overbought territory; go figure:
    https://hotcopper.com.au/data/attachments/4967/4967062-258726e37f12d89dbb1ab2a0b3ebbea9.jpg

    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:

    https://hotcopper.com.au/data/attachments/4967/4967108-a95569b5c2d2594d7f0e301bd960928e.jpg
    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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(20min delay)
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
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