You are introducing something else now without backing it up!
Why would the govt revoke the guarantee? I have never said nor suggested that.
State your case and i will honestly support or refute it with a full explanation.
The guarantee is obviously to the owner of the RAD - and that is not EHE.
Were the govt to revoke the RAD guarantee, the whole Aged Care system will collapse! Ludicrous to even suggest revoking the guarantee.
The P&L and Balance Sheet looks perfectly fine. Total Liabilities does not exceed Total Assets - meaning - the company does NOT have negative shareholders funds! It has positive EBITDA, profitable and cash flow positive. It is certainly not insolvent.
I did not raise anything about the govt guarantee in support of solvency.
The govt guarantee of the RAD - a fact - has nothing to do with the company's solvency!
Of course the govt guarantee is to provide comfort for the owners of the RAD.
Would anyone just hand over a couple of hundred thousand $ to a listed or worst
to an unlisted company?
There is nothing to suggest that the RAD is owned by EHE. It is not in the accounts.
You have made outrageous statements.
IMHO EHE is oversold - under the current new management there is excellent
prospects of a decent return for the patient longer term investor. DYOR
EHE Price at posting:
$2.65 Sentiment: Buy Disclosure: Held