Maybe it is cost of living rises that have made some people cut down on childcare. getting grannie to take the kids for an extra day is cheaper - though it may have adverse effects on potential inheritances Most people using childcare would have mortgages and priorities come into play.
A number of companies have had SP declines - more money going to bigger blue chips due to market uncertainties. I also think that, once we get into a new financial year. more share market buying will take place.
I suspect when we do see some improvement to inflation and, by default, cost of living expenses, we should see GEM' SP start to get back to a more "normal level". Fundamentals of the company have not gone away.
Just need to weather the current trends.
GEM Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
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Most people using childcare would have mortgages and priorities come into play.
(20min delay)