Yes as they went ex dividend on 9th August.
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Great result on the consent for the WAIMARIE development.
RTM - Care suites entry age is advertised at 65 which is perplexing ? I guess its quite plausible to be 65 and need help, all depends upon one's state of health.
https://www.trademe.co.nz/property/r...4b790b5605-002
A little birdie in the industry tells me that the entry age into facilities can become more flexible when sales are slow. Wonder if that's a factor already ?
Offcourse that is true,otherwise they will get hounded by the Beagles on ST..!!.
And no one wants to hear them in full flight.!!
Even worse after they have had a glass of A2 milk.
Does not seem to agree with the neighbours.!
P & P.[pitiful and painful]..lol.
I don't see what is perplexing. Cold hearted really.
A care suite admission implies ill health so shortened life span (you wouldn't be wanting a care suite if you still ran half marathons).
Allowing them in at 65 will fill the beds while still allowing a reasonable turnover when they 'leave'.
Sorry, I don't understand the cold hearted sentiment ? What am I missing ?
Some people have strokes or any other number of debilitating health issues and often need help long before others.
How is it cold hearted allowing those people who need help to move into a care suite earlier so they can get the help they need ?
Are you suggesting there should be no age limit ?
My understanding is the average age of entry is mid 8o's so isn't a 20 year variation around the average fair and reasonable ?
I'm not saying that its not fair....they are running a business after all.
But for me the "cold hearted" piece comes from the ages being set from a simple assessment of the numbers. And not based on peoples needs.
As I said...they will be experts with respect to the statistics of ageing. That's great. I'm a shareholder.
Okay I see where you're coming from which is fair enough but my perspective is they are running a retirement village not a general medical facility for the public of any age so given the normal entry age to a care suite is mid 80's, setting a minimum of 65 seems quite reasonable. I think RYM are 70 or is it 75 now ?
Shown elsewhere on their website but the industry leader RYM say their villages are designed for people 70+ and there is no mention of a lower age for care in an apartment so it would appear OCA are (as I suggested earlier in this thread) quite generous with their 65 year age limit on care suites.
FWIW here's RYM's brochure on assisted living in independent apartments. https://issuu.com/rymanhealthcareltd...=sYWYyNzY3Nzgx
Greg T, another 500,000....just saying.