Intueri shares slump 25% to record low of 3 cents

Wed, 14 Dec 2016

By Edwin Mitson Dec. 14 (BusinessDesk) - Intueri Education Group shares slumped 25 percent to a record low of 3 cents amid signs Australian investors are trimming their holdings ahead of the private education provider's delisting from the ASX next month. The company last updated the market on Dec. 2, when it said it would receive an A$3.5 million payment from the Australian Department of Education and Training (DET) for 2015, but was still waiting to hear whether it will get a further A$6 million for 2016 and whether it can join that cou...

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