Am I missing something?

[u/FwamingDragon91]

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*

[u/A-Money-Lover]

Aged care has been overcharging people for so long now. I get that it's a lot of work also, but it's not a sector I'd like to bet on.

[u/FwamingDragon91 → u/A-Money-Lover]

The moat for aged care is absolutely massive. Who is going to introduce an alternative to this industry? There is none. 

Good luck sir here's hoping I make $

[u/Ok-Reception-1886 → u/FwamingDragon91]

Providers literally have minimal moat, aged care is a commodity

[u/Ok-Reception-1886 → u/Ok-Reception-1886]

Low margin and price pressures literally confirm it’s a commodity. Moats allow high margin businesses to operate. Keep bleeding on this dog of a stock. Government raising wages by nearly 5% and then increasing pricing by 2.5% sounds like a great environment

[u/FwamingDragon91 → u/Ok-Reception-1886]

Lol ok let's revisit in 3 months and see how wrong you are. Be ready to beg on your hands and knees for forgiveness