Friday, 29 November, 2013 - 15:36
ASG shares up on growth prospects
Shares in Perth-based IT service provider ASG Group have risen nearly 18 per cent after chairman Ronald Baxter released upgraded earnings guidance today.
Ronald (Ron) Baxter has more than 25 years experience as a company director in Australia, North America and Europe. His background in management includes significant experience in the finance, manufacturing, mining and computer services sectors in the disciplines of accounting, audit, banking, information technology and research and development, working for Australian and US multinational
corporations. His experience in information technology extends over 40 years and he has held executive and board positions in IT services companies in Australia as well as with a number of local and overseas research organisations. Ron has significant experience in merger and acquisition activities and advises the Company on these matters.
Shares in Perth-based IT service provider ASG Group have risen nearly 18 per cent after chairman Ronald Baxter released upgraded earnings guidance today.
Perth information and communications technology company ASG Group has reshuffled its board as it builds on its strategic shift.The company has been pursuing growth in non-traditional information technology markets.
Local IT firms reap rewards from innovative technology and public sector enthusiasm.
Position | Company | Year | Company's current rank |
---|---|---|---|
Chair
|
2008 - 2014 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2013-09-12 | Bought | 1,351,352 | $0.37 | $500,000 | Off-market trade | |
2012-04-19 | Bought | 25,071 | $0.79 | $19,806 | Other | |
2011-10-05 | Bought | 58,249 | $0.88 | $51,259 | Other | |
2011-04-15 | Bought | 18,641 | $0.98 | $18,268 | Other | |
2011-03-03 | Bought | 300,000 | $1.01 | $303,000 | On-market trade |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Lockheed Martin | ASG Group | Acquisition | $140.50m | >> | |
ASG Group | Acquisition | $202.00m | >> |