Yep,they are going to do a property float trust possibly too...

Yep,
they are going to do a property float trust possibly too which will help them raise alot of capital to improve their balance sheets.
Its a buy by both Amros and Huntleys with targets near 4 dollars.

Date: 31/7/2006
Author: Eli Greenblat
Source: The Australian Financial Review --- Page: 14
DCA Group is considering a range of options, including floating a property trust holding its aged care assets, as a means of raising $A250m. DCA operates aged care facilities and radiology centres across Australasia. According to analysts, a DCA property trust could potentially have a market capitalisation of between $A200m and $A300m. The market would likely reward a DCA property trust float. The group's shares have fallen by 40 per cent since early May 2006. The stock closed steady at $A2.41 on 28 July. DCA CEO, David Vaux, says the company will complete the review of its options by September