import thing to add in your point is time it takes to sort this...

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04/03/25

13:24

Post #: 78125744
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Originally posted by volf: ↑

The likely outcome in my view is:

1. Healthscope goes into administration, bondholders take control.
2. New owners will exit sites that aren't viable through the administration / deed of company arrangement process.
3. Sites that are viable, new owner will negotiate hard on rents, incentives, making the leases double net etc etc. There is no way the terms will be any better than they are currently but possibly and likely much worse.
4. At some point between 1 & 3, HCW will breach debt covenants and will get pushed to raise capital.
5. Sites that are not viable where the leases have been terminated, will be sold at very big discounts to current book.
5. HCW will survive but it will be heavily diluted from here.

I am not interested in participating because this is a very specialised property/operating sector and trying to model where you will be in 3 years time once all of this has washed through is difficult. Also HMC are just fee suckers and the odds are always against you.

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import thing to add in your point is time it takes to sort this all out. It won't be easy as explained by some posters above!!!

HCW Price at posting: 91.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 77.0¢		Change 0.005(0.65%)		Mkt cap ! $423.6M

Open	High	Low	Value	Volume
76.5¢	78.0¢	75.5¢	$1.171M	1.522M

Buyers (Bids)

No.	Vol.	Price($)
6	55066	76.5¢

Sellers (Offers)

Price($)	Vol.	No.
77.5¢	20000	1

View Market Depth

No.	Vol.	Price($)
6	55066	0.765
2	22954	0.760
1	23180	0.755
3	40146	0.750
1	20134	0.745

Price($)	Vol.	No.
0.775	20000	1
0.780	86254	5
0.785	10954	1
0.790	9256	2
0.800	49163	3

Last trade - 16.12pm 26/06/2025 (20 minute delay)

HCW (ASX) Chart

import thing to add in your point is time it takes to sort this...

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import thing to add in your point is time it takes to sort this...

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