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Viburnum Increases Stake in Alliance Aviation Services

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Viburnum Increases Stake in Alliance Aviation Services

Confident Investing Starts Here:

Alliance Aviation Services Limited ( (AU:AQZ) ) just unveiled an announcement.

Viburnum Funds Pty Ltd has increased its voting power in Alliance Aviation Services Limited from 8.15% to 9.27% through market purchases of shares. This change represents a strategic move by Viburnum to enhance its influence within the company, potentially impacting Alliance Aviation’s operational and strategic decisions, with implications for stakeholders and market positioning.

More about Alliance Aviation Services Limited

Alliance Aviation Services Limited operates in the aviation industry, focusing on providing charter and aviation services. The company is involved in the management and leasing of aircraft, offering a range of services tailored to the needs of its clients.

YTD Price Performance: -7.07%

Average Trading Volume: 66,041

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$444.2M

See more data about AQZ stock on TipRanks’ Stock Analysis page.

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