Vocation shares placed in trading halt

Training group Vocation has requested its second trading halt in less than six weeks as it carries out a review of its finances.

Shares in Vocation have been placed in trading halt as the education and training group carries out a review of its finances.

Vocation said it would update the market on its guidance for fiscal 2015 once the reviews were complete.

It expects its shares to remain suspended until Thursday or when an announcement is made.

The trading halt request comes less than a week after former Labor education minister John Dawkins quit as Vocation's chairman.

A Victorian government review in October concluded that some students were enrolled in inappropriate and low quality courses.

Vocation shares last traded at 50 cents.

They were worth $3.35 as recently as September.


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