People do!
Anti-vaxxers will.
People decide not to get vaccinated for a lot of mindless reasons.
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Have come across a few people who I know and thought reasonably highly of (ie. not complete halfwits) to recently out themselves as "unsure" about the vaccine. It takes you by surprise!
need too break up these retirement beasts into care analysis and property analysis to completely understand all the in's and outs. what your referring too the property side has its own headwinds as well next year.
anyway i see a second staff member at the henderson outfit has now tested positive
One theory for the share price weakness that might hold some water is the capital raise by Arvida which @ $330m is pretty sizeable. The effect of that on existing participants in the industry is something I have often observed with capital raises in the REIT property sector. If people need to sell something to participate in the Arvida rights issue possibly it makes more sense to sell something outside of this sector rather than sell into a depressed OCA share price.
Final payment for the second issue completing Arvida's capital raise is due not later than 8 November so perhaps with that behind us as we head towards the latter part of November and the pending half year result announcement on the 29th we might see a modest recovery.
On the matters of insiders share parcel movements while we've all noticed Greg Tomlinson's recent multi million dollar acquisition at $1.41 any further updates on Earl Gasparich and Mark Stockdon's sell down's have been conspicuous by their absence. Perhaps they're not interested in selling into a depressed share price and if they aren't maybe others are wise to observe that ?
Disc: I participated in Arvida's placement and paid for my share of their upcoming rights issue today and did not sell any OCA shares to fund that.
Bull - Nobody is going to thank you for a running commentary on case numbers in some non OCA village. Its irrelevant and it looks like a blatant attempt to manipulate the OCA share price down so you might get some negative rep if you bring it up again.
Evergrande has debt of 300 billion and a market cap of 32 billion... so nearly 10 times more debt to market cap...
It's just the times we live in ... extradionary debt... public sector, private sector... you name it we are at all time high debts everywhere and it's a bubble about to burst...
Something must be going horrifically wrong with Oceania... these are cash cow businesses that squeeze as much money out of elderly people for as little care as possible (generally speaking)...
:cool:cc