People worry about occupancy rates for the wrong reasons. In a perverse way, a low occupancy rate is great at this stage of the cycle. G8 are profitable at the current occupancy rate, so there is considerable speculative upside if their centres are a third empty. As EQ opines, the focus should be on their strategy going forward.
Childcare centres will always be beholding to govt largesse, that's almost inescapable. I very much doubt G8 can change the market without it. What they do control are their overheads and, in spite of mandated manning levels, they appear to be addressing this.
People worry about occupancy rates for the wrong reasons. In a...
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 (20min delay)
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Last
91.5¢ |
Change
0.015(1.67%) |
Mkt cap ! $705.9M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 92.0¢ | 89.5¢ | $1.738M | 1.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15210 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 12600 | 3 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| GEM (ASX) Chart |