Shares in Aspen Group rose steadily since the market opened, reaching an intra-day high of 5.3 cents so far.
The company’s shares are also the most heavily traded among counters on the SGX-ST.
As at 10.06am, shares in Aspen are trading 1.6 cents higher or 47.06% up at 5 cents with 18.3 million shares changed hands. Only 828,000 shares in Aspen changed hands as at the close of the market on Dec 28.
/Update
See also: Hotel Properties ‘not aware’ of any possible explanation for ‘unusual’ share price movements
Aspen Group, at 12.17pm, responded to say that the group is not aware of any information that could have triggered the unusual volume movements.
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