MFD 2.27% 67.5¢ mayfield childcare limited

Ann: Financial Results for the Half Year ended 30 June 2023, page-42

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    lightbulb Created with Sketch. 97
    The centres were cash deals, but not BS cash - funded by existing debt facilities, hence the rise in LT debt.

    The recently acquired centres are sporting occupancy of 83%, so best in the group. Don't think the recent Genius acquisitions will be on the chopping block.

    Having said that, I don't understand why Genius is selling centres to Mayfield when they seem to want to buy Mayfield.
 
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