I agree 100% that JobKeeper is boosting profits artificially but hey we will take it. The next question is where will all the stimulus money go? The announcement by CAA clearly states that there is a big uptick in houding construction and buy Australia made trend. Jobkeeper goes just as earnings increase from the stimulus. Its going to be very interesting to watch. Finally getting some joy out of this business.
CAA Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)