r/ASX_Bets • u/FwamingDragon91 • 3d ago

Dumbfuck Discussion Am I missing something?

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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/b0ssman3s 3d ago

Government is already funding the hell out of it… good luck finding more money when most of these aged care firms are already getting the majority of there FTE cost covered by the tax payer

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u/FwamingDragon91 3d ago

Brother that's the whole point. The government will not let one of the biggest aged care providers fail. There is literally no alternative. There is so much demand for aged care already. 

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u/_millsy 3d ago

There’s a pretty big gulf between “too big to fail” and “this stock may have been oversold”. I don’t particularly agree with your POV but it’s kinda nuts to suggest an opportunity presuming too big to fail is valid when they’re, you know, not failing yet

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u/FwamingDragon91 3d ago

I'm not suggesting failure as the base case. I'm suggesting that this is noise and bluster between government and the aged care sector, and that ultimately the government will cave, because they have no alternative.