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Ann: Potential Acquisition - Health Networks Australia, page-14

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  1. 2,369 Posts.
    lightbulb Created with Sketch. 67
    Thanks Hera.

    Looks an intresting prospect atm specially since it is trading below the 4 cents mark.

    I work with an allied health practice who deal with disability and drug abuse patients and was told last year that the government was looking to reduce the funding to the sector.

    https://mhaustralia.org/fact-sheets...-programmes-and-services-preliminary-analysis

    The at a later date towards the end of the year I was told that the reduction might come very slowly and that it may take 3 years to implement. Now labor has just gone on record saying they will pump more money in this sector if they come to power.

    I was also told that any changes of funding to the sector will more likely be put into making the whole sector more digital like self assessment portals and online help.

    Money is set to flow in this sector soon enough so looks like a safe bet. I assumed there would be another CR. Would the current price have a impact on CR or has it been decided to be done at higher price ?
    Last edited by neutralopinions: 23/05/16
 
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