Just waiting for the rebound

Aug 31, 2009 (The Australian Financial Review - ABIX via COMTEX) -- By Julie-Anne Sprague

Company: Aspen Group (AUIEF)

Australian fund manager Aspen Group is well positioned to benefit from the improvement in the property market. It has posted a net loss of $A64.7 million for 2008-09, due to write-downs and lower income from its funds. During the second half, it strengthened its balance sheet and it expects a better result for 2009-10.

Publication Date: 1 September 2009

ASPEN GROUP - ASX APZ
ASPEN PROPERTY TRUST - ASX APZ
CHEVRON CORPORATION

News Provided by COMTEX

Company: Aspen Group (AUIEF)

Related terms: australia, market, property

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Just waiting for the rebound

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