marksman wrote:........., this is only about that famous five letter word MONEY
shares are very hard to get in the aged care share market, apparently its a cash cow with a line up of people wanting shares
Hi mate, i noticed this post from earlier. I just wanted to clarify something. I think you might have been misinformed. Shares in any asx listed company including companies that run aged care facilities can be easily bought by creating an account with any of tens of share trading apps (including ones from most banks). Eg if you are with netbank its all online and probably take less than 15 minutes to setup.
Interestingly enough the actual shares of most aged care companies is quite low at the moment, esp after the royal commission last year and now crona. The reality is most companies are not too crash hot as far as profits are concerned and don't make a very high dividend return for their shareholders... evident in part by their share price.
For example japara healthcare, which i did have some shares, its price was ~$1.20/share last year... now its around the $0.47 mark. Last year was only giving a return of 7 cents per share... which is less than 6% return per year.
Any other question about shares feel free to ask... but probably not good in this thread i rather not go off-topic too much.
Thanks