ACL australian clinical labs limited

Tucked away in page 93 of the prospectus after all the...

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    Tucked away in page 93 of the prospectus after all the mind-numbing verbiage is the key fact that Covid testing boosted their profit figures that jumped by 24% in 2020 and which will recede fast in an year or two and return the valuation to around 3% return and a P/E of 35x. Right in time for Crescent Capital to cash in and leave the new mug investors to carry the can. The reputation of private equity for sharp dealing seems well deserved.
 
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