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Aspen Group’s Substantial Holder MA Financial Group Reduces Stake

Story Highlights
  • Aspen Group’s substantial holder, MA Financial Group, reduced its voting power to 7.23%.
  • The change in MA Financial Group’s stake may impact Aspen Group’s shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Aspen Group Limited ( (AU:APZ) ) has issued an update.

Aspen Group Limited has announced a change in the interests of a substantial holder, MA Financial Group Limited, which now holds a reduced voting power of 7.23% down from 8.35%. This change reflects a decrease in the number of ordinary fully paid securities held by MA Financial Group, impacting the company’s shareholder structure and potentially its strategic decisions.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

More about Aspen Group Limited

Average Trading Volume: 262,449

Technical Sentiment Signal: Buy

Current Market Cap: A$652.6M

For detailed information about APZ stock, go to TipRanks’ Stock Analysis page.

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