GEM g8 education limited

“curious time” for an equity raising, page-9

  1. 1,775 Posts.
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    It probably has got more centres in its sights. There are nearly 17,000 childcare centres in Australia [number extracted from http://ifp.mychild.gov.au], and GEM has only a few hundred of them. ABC Learning had over 1,000 centres when it collapsed, and I would expect GEM to try to get well past that total. ABC sank under weight of debt, and GEM will have learned from that debacle not to over-use debt. I expect GEM therefore to progressively add to both debt and equity as it builds up its portfolio. I'm actually not wildly enthusiastic about that, because I think shareholders would be better served if GEM grew (more slowly) using only debt and profits.
 
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Last
92.0¢
Change
0.005(0.55%)
Mkt cap ! $709.8M
Open High Low Value Volume
91.5¢ 93.0¢ 90.5¢ $1.496M 1.628M

Buyers (Bids)

No. Vol. Price($)
5 35803 91.5¢
 

Sellers (Offers)

Price($) Vol. No.
93.0¢ 73702 7
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Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
GEM (ASX) Chart
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