by Jessica Gardner
Irate shareholders in childcare operator G8 Education wondering how it could possibly have gone so bad, so quickly, will find proof in my own personal experience of the rapid deterioration in the $13 billion industry's economics.
What has occurred, as The Australian Financial Review has tracked in the past week, is a rapid spurt of development that has led to too many new childcare centres being built (some empty on opening day), delivering a big mismatch between supply and demand.
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https://www.copyright link/business...hildcare-oversupply-explained-20180901-h14t9g
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Last
$1.16 |
Change
-0.015(1.28%) |
Mkt cap ! $895.0M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.15 | $1.730M | 1.492M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45899 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 11809 | 1 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |