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Aspen board showing cracks

Residential developer Aspen Group has backed off on its claim that its board of directors were unanimous that it was not in the company's best interests for dumped co-founder Angelo Del Borello to return.

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Perth
Maybe Mr Chan ought to resign. In my opinion it is as a result of the competence of the remaining Board members (maybe minus Mr Chan) that has enabled the company to survive the GFC in a fairly healthy state. Anyone can run a company when the going is easy, but only those with commitment and resolve cope with rough and hard economic times. The sun is about to shine on Aspen, now is NOT the time to be rocking the boat.

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Aspen Group (APZ)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
422ndAspen Group-2%-3%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/10/15
$46k Issued
30/09/15
$260k Bought
30/09/15
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Aspen Group$22.1m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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