I'm personally not getting my hopes up regarding a grant. The aged care industry is currently going through a royal commission, with the dept of health copping the heat just as much as the industry. The grant goes some way to prove that the govt. is trying to improve. I wouldn't be surprised if the govt. ends up using PCK as some sort of compliance. I think their timing was impeccable. So I'm not sure the parallels are there for RAP unfortunately. Hopefully a few juicy contracts are near and there will be no need to worry about a few million here or there.
RAP Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held