Intueri shares plunge after warning asset sales may not repay debts
Potential buyer confirms strong price focus.
Intueri Education Group shares fell 52 percent to 1 cent, valuing the company at $1 million after it said the level of bids for its remaining colleges mean it wouldn't have a sustainable business after repaying debt and there'd be nothing to return to shareholders.
The stock has fallen
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Tim Hunter
Mon, 01 May 2017
Mon, 01 May 2017
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Intueri shares plunge after warning asset sales may not repay debts
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