why cant they do gem 4ebit acquisitions, page-2

I've wondered this myself nih123, but ultimately it is a decision for management for the vendors selling their businesses.

Key points to note though:
17/06 - AFJ had 33 of their 51 acquisitions completed.
With 18 of these centres to settle, you'd imagine this would have to happen soonish.

Then I would hope we'd be looking at further acquisitions with the 100 million facility - which is what they've stated it will be used for in their latest investor presentation.

nih, the same investor presentation notes that the acquisition process is all about the balancing of risks. If this is the case, they might buy a bit more for their centres, but maybe they will contribute to the long term success of the business, rather than becoming a burden? (...wary of ABC?)

All the same, I can see this being a solid, solid, solid long term stock - despite the sideways action the share price has already experienced.

- I am happy to sit a little bit tight on this one, if dividends are paid in CY15, that will surely help cement anything under $1.20 as a solid entry.