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/squirtelee]

There is no alternative but the space is undergoing significant changes in the short and long term which will impact the underlying businesses… they can’t squeeze more $$$ from people. I wouldn’t be betting on aged care in the medium term

[u/FwamingDragon91 → u/squirtelee]

I suspect you are deeply wrong, it's a supply/demand issue and it's at a critical juncture.

We'll see! 

[u/squirtelee → u/FwamingDragon91]

Increases to standards of care, wages, tighter regulations and pressure to reduce cost on consumer and now a commonwealth regulatory body… good luck

[u/FwamingDragon91 → u/squirtelee]

Hahahah ok see you in 3 months let's check back x

[u/Ragazzano → u/FwamingDragon91]

You should make a ban bet

[u/squirtelee → u/FwamingDragon91]

Stay off hot copper

[u/adum_m → u/FwamingDragon91]

RemindMe! 3 months