@rustic the effect of having a 75 place centre trading at 80% occupancy, using the average daily fee would see turnover reduced by $335,400 per annum for that centre. The actual, would probably be a lot higher, if you factor in lower occupancy levels at the beginning of the year. The constant accumulation of acquisitions has made it almost impossible to monitor organic growth.
Concerned about who will take over the portfolio from Scott Morrison, should he become treasurer. Don't agree with early childhood education being with the social services portfolio, should be part of the education portfolio. Maybe that is a reflection on how the government actually view early childhood education.
Anyway, a worthy opponent, Anchorage have entered the field of early childhood. G8 will be monitoring their every move. Should be interesting to see what Anchorage can deliver to shareholders. A game lifter in my opinion.
GEM Price at posting:
$3.28 Sentiment: None Disclosure: Not Held
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(20min delay)