If the proposed changes go ahead i believe this will be beneficial for GEM.
Poorer families will be getting a larger rebate than those more well off
There are more families in the lower bracket, therefore demand would increase for childcare as it comes more affordable, where GEM is well positioned to take up that demand.
Costs may increase across the board with other changes within the legislation but growth prospects look very promising.
If the proposed changes go ahead i believe this will be...
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Last
$1.31 |
Change
0.025(1.95%) |
Mkt cap ! $1.060B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.32 | $1.28 | $1.475M | 1.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16530 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 217583 | 10 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| GEM (ASX) Chart |