"There is plenty of scope for further growth by acquisition - and G8 plans to keep doing exactly that"
Sounds like Chris Sacre is going to be very busy. The website of CCLPC (same colour combination as G8) is very pro G8, almost like a subsidiary of the corporate.
"CCLP is the exclusive acquisition broker for G8 Education"
"No commission's payable when dealing directly with CCLP"
"Selling to G8 will increase the value of your freehold"
Presumably the commission or similar will be paid by G8. Will it increase the value of freehold?
This weeks update on Group 1 occupancy. Have amended the figures to reflect daily occupancy, the same as Group 2.
NSW days per week 120 - fully occupied days 8, QLD days per week 63- fully occupied 3, VIC days per week 95 - fully occupied 5, SA days per week 45 - fully occupied 1, WA days per week 30 - fully occupied 0.
Becoming reliant on growth purely by acquisition in early childhood education and care is IMO irresponsible. Irresponsible to children, families, staff and shareholders. We've seen it before. Quality, sustainable growth comes from improving occupancy.
GEM Price at posting:
$3.06 Sentiment: None Disclosure: Not Held
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(20min delay)