Healius is lobbying government hard for a bailout and appears confident of getting some funding. There was an internal memo from CEO Malcolm Parmenter yesterday to staff citing "we are working closely with Federal Government to ensure we receive the funding support we require to continue our role in combating the Covid-19 epidemic".
Executives, board and senior management have taken a 10% effective pay cut.
The whole group is focused on other ways to reduce our costs and conserve our cash in the near-term. This includes:
1. rationalising some of our facilities in pathology and imaging with temporary closures and staff redeployments
2. across-the-board negotiations with our landlords on rental reductions or deferrals
The rent reduction is atleast 50% reduction sought for 3 months and using ACC moratorium as underlying weapon to force GP landlords to agree.
There should be some short term price support here?
Healius is lobbying government hard for a bailout and appears...
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Last
$1.38 |
Change
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Mkt cap ! $998.3M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.37 |
Change
0.045 ( 3.10 %) |
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| Last updated 15.59pm 06/06/2024 ? | |||||
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