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Viburnum Increases Stake in Alliance Aviation Services

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

Alliance Aviation Services Limited has experienced a change in the interests of its substantial holder, Viburnum Funds Pty Ltd. Viburnum, along with its associates, has increased its voting power in the company from 9.27% to 10.31% through market purchases of shares. This change in shareholding reflects Viburnum’s growing influence and potential strategic interest in Alliance Aviation Services, which could impact the company’s future decision-making and stakeholder dynamics.

More about Alliance Aviation Services Limited

YTD Price Performance: -8.42%

Average Trading Volume: 158,651

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$434.6M

For a thorough assessment of AQZ stock, go to TipRanks’ Stock Analysis page.

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