Key Highlights
- IDP Education (ASX:IEL) traded up 19.46% at $2.64 during the 11 November 2026 session, the largest move of the three.
- SPC Global (ASX:SPG) rose 13.56% to $0.067, with a proposed name change to Altiva Global ahead of its AGM.
- Alliance Aviation (ASX:AQZ) gained 9.20% to $0.475 following its FY26 result and a $40 million Equity raising.
Three ASX stocks traded higher during the session on 11 November 2026. IDP Education (ASX:IEL) was trading at $2.64, up 19.46% by late morning, while SPC Global (ASX:SPG) rose 13.56% to $0.067 and Alliance Aviation (ASX:AQZ) gained 9.20% to $0.475. The S&P/ASX 200 (ASX:XJO) was down about 0.06% at 9,123.90 at 12:19 pm. The three companies span education services, packaged food and dairy, and aviation services, and each has its own latest update.
IDP Education (ASX:IEL): Revised Blackstone Proposal
IDP Education said on 11 November 2026 that it had received a further unsolicited, non-binding indicative proposal from Blackstone at $3.00 in cash per share, via a recommended scheme of arrangement. The price would be reduced by any future dividends paid after 10 November 2026. The company said its board unanimously rejected earlier proposals from Blackstone and will consider the revised proposal in the best interests of shareholders. The board has not made any decision, and there is no certainty the proposal will progress.
SPC Global (ASX:SPG): FY26 Result and Name Change
SPC Global’s full-year result, released on 28 August 2026, reported normalised EBITDA of $38.5 million, up 27%, with net Debt reduced to $85.8 million after a $100 million equity raise. International normalised EBITDA rose to $15.7 million, and the company secured new ranging with retailers in Japan, Korea and Singapore. On 23 October 2026, the company proposed changing its name to Altiva Global Ltd, subject to Shareholder approval at its AGM on 24 November 2026.
Alliance Aviation (ASX:AQZ): FY26 Result and Equity Raising
Alliance Aviation reported Underlying Profit before tax of $38.2 million for FY26 on 26 August 2026, within its guidance range of $35 million to $40 million. The statutory result was a net loss of $90.9 million, largely from impairments linked to its Fokker fleet. The company also announced a $40 million fully underwritten equity raising, and a revised Qantas agreement with higher pricing and better contractual protections. It has set FY27 underlying EBITDA guidance of $175 million to $190 million.
Final Word
The three companies each moved on their own developments, from a revised Takeover proposal at IDP Education to a proposed name change at SPC Global and an equity raising at Alliance Aviation. Their next updates will show how these developments unfold.






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