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iCollege hit with court action

iCollege is being taken to the Supreme Court by the former director of a company bought by the sports-focused online education provider in 2015.

iCollege said legal proceedings had been commenced against the company by Michael Walker, who was the director and shareholder of the Management Institute of Australia Group, which iCollege bought in 2015.

The proceedings will take place in the Supreme Court of NSW.

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iCollege (ICT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
thCFOAM0%0%
53rdFamily Zone Cyber Safety181%0%
632ndMejority Capital-40%-21%
707thRobo 3D-53%-20%
754thiCollege-65%-60%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/05/17
$0 Other
12/05/17
$4k Bought
22/02/17
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

124th↓Mejority Capital$2.3m
125th-Family Zone Cyber Safety$2.3m
126th↓iCollege$2.0m
127th-Robo 3D$2.0m
129th-CFOAM$2.0m
232 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from iCollege

789thStuart Manifold$176k
1304thPhilip Re$60k
Ranked by total remuneration from all listed WA companies

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