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1.41% $1.40 sigma healthcare limited

General Discussion, page-100

  1. KindredDJ
    403 Posts.
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    25/06/24
    09:24
    Post #: 74472367
    https://www.indaily.com.au/business/analysis/2024/06/20/pharmacies-are-ripe-for-bigger-disruption

    https://hotcopper.com.au/data/attachments/6269/6269254-a4920214d7cfcc360f748f1b63a13437.jpg

    Ripe for an ‘Uber’ moment

    The peculiar rules governing pharmacies ought to make them particularly profitable, except that they don’t, because pharmacies cost so much to buy. The benefit is baked into the price. King calls it the “” phenomenon. The owners who sell get rich as a result of the rules, not the owners who buy.

    Which gives new owners an even greater incentive to keep startups out.

    Australia produces pharmacy graduates a year. Many would like to own pharmacies and to offer discounts. Most will never get the chance. They are wage slaves, and they .

    That’s how it was for years with taxis. The price of rides was high and the service was limited because of rules that choked competition. Until .

    All that needs to happen for pharmacies to face their own Uber moment is a change in the rules to allow unlimited discounting. The government could do it now if it wasn’t worried about a backlash from existing owners.

    All it would take would be one registered pharmacy developing a really good interface with near-instant delivery.




    SIG Price at posting: $1.27 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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