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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$1.17

https://docs.education.gov.au/system/files/doc/other/covid-19_inf...
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Last
$1.17 |
Change
-0.010(0.85%) |
Mkt cap ! $902.7M |
Open | High | Low | Value | Volume |
$1.17 | $1.18 | $1.17 | $1.082M | 923.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 50528 | $1.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 23028 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 205 | 1.175 |
4 | 18500 | 1.160 |
4 | 31717 | 1.155 |
11 | 261440 | 1.150 |
1 | 5600 | 1.145 |
Price($) | Vol. | No. |
---|---|---|
1.100 | 23000 | 1 |
1.140 | 55 | 1 |
1.160 | 61052 | 2 |
1.175 | 5000 | 1 |
1.180 | 34506 | 5 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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