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21/01/24
13:37
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Originally posted by hhonner:
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what happened to CSL, Cochlear , Xero Wisetec Global? Their intangibles are worth billions. For every investment there are winners and losers. my point is that for certain asset classes intangibles have huge value. CSL , for example is one of Australia's biggest companies and it grew out of a government decision to privatise a government department to make it more efficient. Pretty much like APM. The fears of government retaking employment services is overblown when you understand governments risk averse nature. voters as well as government know it will cost at least twice as much as they quote to run their own show and the benefits to taxpayers will be half what they planned. if apm are having difficulties making cash why would the government want to jump in?
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I agree but surely you agree that apm balance sheet is not in a great position. It reflects in the share price.. closing at 76.5 cents.. it may / will fall further, time will tell. I will buy at some stage but not now. government can afford to lose but apm cant.. that's the reality. If it serves the government right politically, they will happy to waste..