Intueri shares slump 87% on Australian audit that could threaten viability

Mon, 26 Sep 2016

By Jonathan Underhill Sept. 27 (BusinessDesk) - Intueri Education Group shares slumped 87 percent after the company said there was a risk that an Australian government audit of its subsidiaries across the Tasman could threaten the viability of the company. Audits by the Australian Skills Quality Authority (ASQA) found that Online Courses Australia (OCA) and Conwal & Associates weren't compliant with its standards. Intueri has until Oct. 21 to respond before the ASQA makes a decision, with possible outcomes ranging from a directive to corr...

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