Why do institutional investors like unemployment services businesses? Three main reasons..
1. Usually Govt is the no.1 client. And Govt tends to be good debtors.
2. Organic growth - even if the unemployment rate is static, the fact population and subsequently labour force grows the need for unemployment and social services will likely grow with it.
3. Establishing a national social services network is costly and difficult, let alone a global network. You need to have a good system and the ability to staff your service network with qualified personnel.
Why do institutional investors like unemployment services...
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Last
$1.22 |
Change
-0.030(2.41%) |
Mkt cap ! $1.114B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.25 | $1.21 | $703.0K | 571.8K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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$1.22 |
Change
-0.030 ( 1.70 %) |
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| Last updated 15.59pm 30/04/2024 ? | |||||
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