announcement out tomorrow

  1. 46 Posts.
    As you can see by the interest in the bidding, mxa are about to kick some serious arse. Let me remind you what was mentioned in the 2004 federal budget about nursing home grants, and how much of a subsidy the government are putting aside to nursing home operators.
    Something like A total of $438.6 million in capital funding to help aged care organisations build new homes and refurbish old ones.
    Thatis absolutely fantastic news for MXA as this stock continues to build and work its way towards recovery.
    What an absolutely fantastic bonus for the shareholders.
    Now I understand why it has pickd up in volume.I would expect some related type of announcement re the budget in tomorrows announcement.
    More relating to this topic :
    The pitch
    The Australian population is ageing. The Budget package announced is based on a response to a recent review of aged care costs around the country.

    The plan
    An estimated 27,900 new aged care places to be allocated over the next three years – including more than 13,000 over this year.
    An extra $877.8 million to help aged care providers pay competitive wages to staff.

    Yes I know that is how much I earn every 30 minutes but to a company like mxa, this share is going to be a goldmine.
    Anyway do your own research, Iv'e done mine, and by the way "YOUR FIRED"
 
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