CAJ 2.04% 24.0¢ capitol health limited

I've been a shareholder for about 10 years - probably 8 years...

  1. 1,191 Posts.
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    I've been a shareholder for about 10 years - probably 8 years too long. There were multiple acquisitions initially and the SP soared on good prospects for the future. Then, there was a freeze on Medicare reimbursements which was a big blow. NSW clinics initially looked promising, but didn't work out. You might recall the the company was even sponsoring the Cronulla Sharks! From memory the SP sank into the teens, but has been slowly recovering in recent years. I am so disappointed that we are going backwards again. SP today $0.25!! Do I need to say more?

    The big issues surrounding imaging companies are the high salaries paid to medical professionals and depreciation of expensive imaging equipment. It's hard to get good returns for shareholders. CAJ needs to add more fee for service and reduce reliability on Medicare.
 
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25.0¢ 25.0¢ 24.0¢ $2.474M 10.20M

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25.0¢ 264605 6
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
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