Probably around the price I thought it would list at. A healthy...

Probably around the price I thought it would list at. A healthy premium but don't see it going anywhere quickly. They mentioned aggressive expansion which could trigger a higher multiple.

NIB do have a good brand and product. They are innovative and I expect to see it remain a quality business in the immediate future.

- Semi compulsory health care in Australia
- Growing economy
- Higher interest rates (A bulk of their reserves are short term instruments??)
- branch network has huge capacity to grow
- Cross selling opportunities
- Listing creating higher profile
- takeover target by larger funds?
- Large amount of stock held by mum and dad investors
- Insto's might want to get into the new listed health care fund sector early
- Pricing regulated however still make profits in a rising cost environment
- product flexibility
- NIB card offers straight though processing for transactions... can this be used for other offers?

I got a parcel of free stock and will be holding onto these. Will wait for a correction before topping up.