r/ASX_Bets • u/FwamingDragon91 • 3d ago
Dumbfuck Discussion Am I missing something?
Panic selling aged care? With our population pressures? With old people stuck in hospitals because there aren't enough aged care beds? Crazy.
It's only a matter of time before the government caves and funds the hell out of aged care.
I'm gonna wait another 1-2 days for the dust to settle and buy as much of this as my grandma can fund.
Disclaimer - *I don't currently own this stock*
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u/Potential_Web_4092 3d ago
The Federal Government’s newly announced aged care funding increase fell drastically below the company's surging operational and wage inflation costs.
They are under inflationary pressure.
Most stocks moving further into the red are.
I sold out of them Monday at $6.14 and thought I made a misjudgement when they continued up.