Yeah, more than 2.5mln shares traded on ASX so far. The long term lurking buyer must be back on buying spree..
This will be scooped up by some big international fund soon just like few other AUS education centres that got gobbled up recently.
Only if the directors want that outcome. As per the 2021 annual report, the Chris's own 34.36m shares. In total the Directors own 36.5m shares.
With 159.5m shares on issue they are collectively at 22.9% and probably have a number of friendly shareholders in the register. IMO You won't get a successful takeover without them deciding to sell out.
But, if the offer is sweet enough, I'm guessing they would sell and move on to another project.
dumb... selling right at the wrong time. Doubt there will be anymore lockdowns and well the teacher shortage.. cant see it getting any worse. only better..
looks like they are getting a good price for what it is. However its potential worth is much more. guess they tried. good luck in Aus. another company gone. bye
Great move. Excellent timing as they can deploy capital to AUS while general sentiment is still bearish waiting for interest rates and inflation to peak and European geopolitics to settle. Our govt should have followed Australia's approach during covid by giving more support to preschools. They dropped the ball on ensuring we had enough staff coming in and preschools had to close or limit numbers of children. I predict the price will double by the end of 2023 as we purchase more Aus preschools.
dumb... selling right at the wrong time. Doubt there will be anymore lockdowns and well the teacher shortage.. cant see it getting any worse. only better..
looks like they are getting a good price for what it is. However its potential worth is much more. guess they tried. good luck in Aus. another company gone. bye
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Originally Posted by sb9
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