Australia's Aspen Group hits nearly 16-year high on buying remaining Wallaroo Shores stages

Reuters
2025.09.26 00:57
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Aspen Group's shares rose 3.4% to A$4.63, marking their highest point since November 2009, following the acquisition of the remaining stages of the Wallaroo Shores community for A$14.1 million. The site benefits from A$8 million in prior infrastructure investment and is projected to see a 90% population increase over the next 25 years due to high retiree migration in the Copper Coast region.