We will have to wait until 4 August for the announcement of ACCC’s findings on Qantas’ proposed acquisition of Alliance Airlines
ACCC's competition concerns with Dye & Durham's acquisition of LNK and AZJ's acquisition of One Rail does not augur well.
Share price is now 22% below $4.75 offer price. Market sentiment is telling us ACCC clearance will not be forthcoming.
I would not be surprised if share price heads lower to when the announcement was made.
News: AQZ Qantas Announces Acquisition Of Remaining 80% Of Alliance Aviation Services, page-22
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$3.14 |
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0.060(1.95%) |
Mkt cap ! $504.7M | |||
| Open | High | Low | Value | Volume |
| $3.07 | $3.17 | $3.06 | $903.4K | 288.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1889 | $3.03 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 1745 | 1 |
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