The Australian airline ownership is in an interesting state.
Yesterday it was announced that Cobham Australa was up for sale. It also appears that Airnorth is or will be on the market. Both of these businesses are profitable but are currently owned by foreign companies that are compelled to sell.
Either or both businesses would be a good fit for Alliance.
Was yesterday's rocketing share price due to some guessing that a deal may be forthcoming?
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Last
$2.71 |
Change
0.030(1.12%) |
Mkt cap ! $436.1M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.73 | $2.66 | $342.5K | 126.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 5000 | 2 |
View Market Depth
| Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
| AQZ (ASX) Chart |