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Ann: Trading Update, page-5

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  1. 2,507 Posts.
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    So $500k+ per centre. 29 centres, so ebitda around $15m.

    Did expect some update on new acquisitions but alas no.

    with the expected funding increase from feds the returns from a properly managed combo should increase. What will force a sp re rate to a pe of 10+, is intriguing, I expected $1 after the last 5 centre addition, maybe another 5 to 10 would attract some larger super funds, the yield is certainly good, so confidence in continuity of growth also necessary, which i believe is evident just need consistency.

    so more news on growth very important to get that buyin from the funds
 
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