Think Child Care, page-2

it looks the goods. fantastic divvy and low base. they bought their centres for only 4x EBIT.

i like the fact it is mostly in victoria. AFJ another roll up is 50% in QLD.

there is upside from occupancy improvement, as well of course more acquisitions at that 4x multiple.

word from brokers is that they will cap allocations at $10k-$20k due to demand, just after a spread as only 22 million shares available(with only some of that going to retail)