EVO embark early education limited

Excellent Covid recovery play

  1. 1,493 Posts.
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    We all know that EVO has been hit hard due to centres being closed (NZ mainly). While many are placing bets on travel/airline stocks, these have already moved too much and have the risk of continued travel restrictions/creeping oil prices. ECE's are essential to an economy that needs to recover post reopening as parents need to work. This sector is also much more likely to receive government bailouts compared to say discretionary spending.

    Early movers are already doing acquisitions with the recent Busy Bees transaction.
    https://thesector.com.au/2021/10/22...n-new-zealand-completes-think-childcare-deal/

    As of yesterday, NZ has finally crossed the 90% first dose and will be looking forward to freedom day.
    https://www.stuff.co.nz/national/he...you-can-do-after-auckland-reaches-freedom-day

    81.1% is already double dosed and the remaining 9.1% single dose. Auckland has hit 89.1% double dose.

    Once the borders are open and all centres opened, most of EVO's woes (low participation rate, shortage of staff due to border closures) will ease.

    At the very least we will see the shareprice creep towards $1.10 (last cap price).
 
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(20min delay)
Last
68.5¢
Change
-0.005(0.72%)
Mkt cap ! $125.6M
Open High Low Value Volume
68.5¢ 68.5¢ 67.5¢ $64.98K 95.48K

Buyers (Bids)

No. Vol. Price($)
2 67675 67.5¢
 

Sellers (Offers)

Price($) Vol. No.
69.0¢ 25778 5
View Market Depth
Last trade - 16.10pm 15/09/2025 (20 minute delay) ?
EVO (ASX) Chart
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