Feb 23 (Reuters) - Aspen Group Ltd (APZ) :
- Says received an unsolicited proposal from mill hill capital
- Aspen Group would acquire edward baillie capital hotel & leisure fund's hotel
/ motel portfolio and operations for $31.35 million
- Says mhc proposal is that Aspen Group would appoint john carter and david
dixon as joint chief executive officers of Aspen Group
- Would undertake an off-market buyback at a price of $1.20 per Aspen Group
security of up to 25% of Aspen Group issued capital
- Says mhc proposal is expected to be accretive to both earnings and
distributions
- Says has negotiated a six week period to undertake due diligence
- Mhc proposal has considerable merit to continue to progress with the
proposal"
News: APZ Aspen Group says received an unsolicited proposal from Mill Hill Capital
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Last
$4.33 |
Change
-0.040(0.92%) |
Mkt cap ! $985.7M | |||
| Open | High | Low | Value | Volume |
| $4.38 | $4.40 | $4.31 | $1.390M | 320.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 126 | $4.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.37 | 2339 | 1 |
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| APZ (ASX) Chart |