ACO 0.00% $3.43 australian careers network limited

Queensland expansion

  1. 48 Posts.
    With $754.6m in VET investment available by the QLD Government there is a lot of opportunity to grow further in this sector, a State in which ACN isn't currently. (source http://www.training.qld.gov.au/resources/information/pdf/vet-investment-plan.pdf)

    ACN has made intentions clear in recent media articles (see fffoyzer's links) to pursue this opportunity in QLD. I think we can expect to see some acquisitions in the near future should management see a suitable opportunity.

    On another note, there is plenty of growth to come for this company. Revenues are growing (what investor doesn't like seeing profit guidance upgrades), strong balance sheet, slither of debt, pile of cash, good ratio of assets to liabilities, and most importantly the sector is showing exponential growth.

    We await!

    Cheers
 
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