https://docs.education.gov.au/system/files/doc/other/covid-19_information_sheet_for_child_care_providers_from_6_april_2020_3.pdf
"Payments will be calculated to be approximately 50 per cent of subsidy in a reference fortnight. Importantly, this measure will complement the Australian Government’s JobKeeper Payment."
also
"ensure families are not charged a fee, including an out of pocket or gap* fee"
The pause in trading might be announcing the centres deciding to not open. If GEM don't qualify for JobKeeper, AND only getting 50% of their normal revenues, they might not be able to open. They are close to the $1b revenues mark which would required 50% drop in revenues (but I don't know - they haven't announced whether they are eligible or not). Good start was already mentioned that they don't qualify.
Might just be me being pessimistic
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Ann: Pause in Trading, page-8
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Last
$1.17 |
Change
0.000(0.00%) |
Mkt cap ! $902.7M |
Open | High | Low | Value | Volume |
$1.16 | $1.18 | $1.16 | $219.2K | 188.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 18690 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.17 | 13742 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 12609 | 1.165 |
14 | 45168 | 1.160 |
10 | 44180 | 1.155 |
20 | 287375 | 1.150 |
8 | 59220 | 1.145 |
Price($) | Vol. | No. |
---|---|---|
1.170 | 12021 | 10 |
1.175 | 24211 | 11 |
1.180 | 52375 | 12 |
1.185 | 18396 | 8 |
1.190 | 65866 | 5 |
Last trade - 10.19am 18/06/2025 (20 minute delay) ? |
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MEMPHASYS LIMITED.
Professor John Aitken, Scientific Director
Professor John Aitken
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