Australia's Alternative Investment Trust falls on discounted placement

Alternative Investment Trust

19/05/2026 06:34

** Shares in Alternative Investment Trust AIQ.AX fall as much as 1.8% to A$1.375, marking their steepest intraday drop since March 25

** Sydney‑based firm to raise up to A$10.2 million ($7.27 million) via placement of 7.4 million fully paid units at A$1.38 apiece

** Placement priced at a 1.4% discount to last close

** Stock down 1.9% YTD

($1 = 1.4025 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))