re: Ann: $3m capital raising, SPP and bank fa... I'm struggling...

re: Ann: $3m capital raising, SPP and bank fa... I'm struggling here. Most healthcare imputs (excluding staff) are imported and therefore effectively cheaper with a stronger dollar. Those that are trying to repatriate funds (eg Ramsay) will potentially suffer dependent upon hedging strategies etc. Hospitals, with inherent low margins, their dependency upon volume for profit and self insured for their cream are likely to suffer more than other healthcare operators if any 'correction in equity markets occur'.
I think that the potential upside for PHG is significant but I do not think the operating figures at the moment justify the optimism you express. Expanision through acquisition may be the answer but you don't get many hospitals for $3-5m.