My take,
Like retail we probably had an average last half to the year with the lockdowns and the 'shadow lockdowns' taking place across Australia. As a gym goer in the ACT I can confirm that the gyms have been just as busy to obtain a squat rack as ever over the past month.
I don't think there was anything wrong with the acquisition, but by no means was it big and market moving. I believe we are probably weighed down by the fear of rising interest rates and our loans on our balance sheet
Ann: Viva Leisure expands wellness offering with acquisition, page-5
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