AQZ Alliance Aviation.

[Southern Lad]

Share price closed at $3.90 on Friday with a reasonable volume being crossed. Trading update mid week has sparked some further buying interest.

There are plenty of shareholders who will be kicking themselves that they didn’t go all out on the SPP at $2.85 back in July. Shareholder take up was poor which meant that everyone could of easily got all of what they could have applied for.

Assuming markets remain firm, I’m expecting a further kicker to the share price once details of the Virgin regional flying deal are finalised and announced. There should be plenty of further profit growth available once the E190’s are delivered and flying. Cost of these additional aircraft already covered by capital raise.