Now that the pre-Budget announcement on increased support for childcare is out the future of providers like TNK are improved. Senator Lambie is calling for a July 2021 start to the proposal and this seems likely to be agreed to for a government heading for an election. TNK has simply become more attractive for takeover suitors and holders. More action to come on this one.
TNK Price at posting:
$3.09 Sentiment: Hold Disclosure: Held
