Quote Originally Posted by ronaldson View Post
Well, they didn't repay the most expensive debt (18%/16% on the Matamata property ) so I quit Friday and today at 14cps. I seem to recollect acquiring the great majority of the parcel at 52cps in July 2021 as part of their last capital raise so a significantly unprofitable investment. I blame management/Board overreach whilst misjudgeing the economic circumstances, combined with a Labour Government that was decidedly parsimonious towards the sector (and risked driving the charitable component to extinction), and the greatly escalated staffing costs to operate aged care facilities not really replaced by increases in the bed subsidy rate.

A great example of a Company providing a real and (hopefully) ongoing benefit to our society but patently uninvestable!
Well said about what Radius do ..they do a great job

But then again Radius has been uninvestable since (or before it floated)

Does raise questions about how we as a nation goingbto care for oldies.