There’s the whiff of a comeback in the aged care sector – and tyre-kickers of all stripes are turning up to see whether it’s the dawn of another golden period for providers and their shareholders.
The last time anyone made any money was nearly a decade ago, when a handful of individuals and private equity investors bundled up three big for-profit aged care groups and floated them on the ASX.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
