GEM g8 education limited

https://docs.education.gov.au/system/files/doc/other/covid-19_inf...

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    https://docs.education.gov.au/system/files/doc/other/covid-19_information_sheet_for_child_care_providers_from_6_april_2020_3.pdf

    "Payments will be calculated to be approximately 50 per cent of subsidy in a reference fortnight. Importantly, this measure will complement the Australian Government’s JobKeeper Payment."

    also

    "ensure families are not charged a fee, including an out of pocket or gap* fee"

    The pause in trading might be announcing the centres deciding to not open. If GEM don't qualify for JobKeeper, AND only getting 50% of their normal revenues, they might not be able to open. They are close to the $1b revenues mark which would required 50% drop in revenues (but I don't know - they haven't announced whether they are eligible or not). Good start was already mentioned that they don't qualify.

    Might just be me being pessimistic
 
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Last
$1.17
Change
-0.010(0.85%)
Mkt cap ! $902.7M
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$1.17 $1.18 $1.17 $1.082M 923.6K

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No. Vol. Price($)
5 50528 $1.16
 

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Price($) Vol. No.
$1.18 23028 3
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
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