Does anyone here talking about reduced covid testing or greatly reduced profit margins understand this business? Serious question. Because if you did you would be well aware that this is a company that was previously privately held by people who built an almost $1billion Pty Ltd company. That's f*ing remarkable. The idea here is to make acquisitions to expand. Guess what just happened? ACL nailed their first planned acquisition before projected time and SydPath just f*ed everything and their contracts will go elsewhere. Who is positioned to acquire that business for cents on the dollar?
Covid testing is small potatoes and focusing on that is trader mentality. I truly believe that this will grow to be larger than Sonic. So do my doctor mates who actually understand how these types of businesses work.
It's a good business that that is so much more than Covid testing. It was making bank pre Covid and will continue to do so long after we're past the pandemic.
dyor and all that jazz.
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