And were some expecting a dividend this quarter?
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Asking a bit much guys...OCA has had a stella run since listing against the downtrending backdrop of the other healthcare providers..Some negative pressures out there atm ..flattening out of residential property prices...wage increases for healthcare workers...and not sure about building supply shortages causing delays which seems to be hitting some other building firms..We may see some Political bantering in this housing area as the election gets closer..these are all uncertainities......The sector RYM SUM MET all slightly down this morning...
Take the profit number subtract the property revaluations and you have a nice loss.
Can see why they needed to get the debt/interest payment down to make this look reasonable going forward.
Best Wishes
Paper Tiger
Strip out revaluations and SUM made losses in the early days too when their SP was $1.40 ~ 5 years ago. Par for the course for a young company starting to get into their stride with developments activities.
Atleast the share price is ahead of what it was yesterday - that's good
Over 4m shares changed hands. Profit takers will run out of scrip soon enough, no worries.