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Navitas chief executive officer Rod Jones.

Navitas growth slows as visa fraud tackled

Education provider Navitas has announced a slowing of growth for its university programs division, due to stricter entrance requirements put in place to combat fake applications from foreigners.

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Its all because Australia Education fees for tertiary students has become expensive.

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Navitas (NVT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
98thNRW Holdings40%12%
201stAustal12%22%
221stMacmahon Holdings7%14%
309thNavitas-2%0%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/10/18
$0 Bought
04/08/17
$21k Bought
11/05/17
$31k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

7th↓Austal$1,408.5m
8th-Navitas$934.6m
10th↑Macmahon Holdings$714.9m
11th↑NRW Holdings$685.4m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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