Madison still holds 30%..they need to offload Equus to increase...

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Banana1234

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09/02/24

11:06

Post #: 72320809
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Originally posted by vivRookie: ↑

Here's your ansswer (below);
He is one of the co-founders. Register shows the top 20 substantial holders own around 90% of all the shares. That means that only 10% of retail bunnies panic every now and then. The Big Boys are holding for the Big returns. Don't expect a quick result. Guideline is 'slow recovery'. But given that Meghan is adamant about 'no CR', I think she will also reward SH and servie the loan a bit longer. The balance sheet looks capable of it.
APM founder Megan Wynne joins billionaire ranks after ASX debut
Julie-anne SpragueandJessica Sier
UpdatedNov 12, 2021 – 12.26pm,first published at12.18pm
Megan Wynne, a former occupational therapist, has realised a long-held dream to list her employment services company on the ASX on Friday, though shares in her company, APM Human Services International, slipped more than 6 per cent on debut.
Despite the lacklustre start, this still is enough for Ms Wynne and Mr Bellinge, who owns Perth’s Concept Fertility IVF clinic, to be collectively worth more than $1 billion, with their equity on Friday worth a combined $1.04 billion. Analysis by the Financial Review Rich List team puts their wealth at $1.4 billion.

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Madison still holds 30%..

they need to offload Equus to increase their margin. Equus so far has been margin dilutive since they bought it.

This way, it will increase their liquidity

APM Price at posting: 80.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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