I'm a recent buyer in (last 2 months). I don't quite have the SP expectations of some but i see upside with the current model. They went to hard to quick and have taken a bash but the basic concept is fundamentally profitable imo and given the growth in childcare places that will be required to house Costellos children and to allow a more flexible workforce i think we will see appreciation in the medium term that will reward new holders. Holders pre Dec 07 may never see a reasonable return - but then bull markets do funny things to stocks...
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a.b.c. learning centres limited
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