CAJ 5.56% 38.0¢ capitol health limited

Ann: Capitol Acquires Radiology Network in Melbourne, page-55

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  1. 135 Posts.
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    The next 4 weeks will be interesting because it will be a decent period with reduced debt and  we will have an idea how our newly acquired clinics are going. 

    What could really push the share price would being successful in gaining more bulk billed MRL licences. The government announced last year 30 more were being granted, 10 were announced and the other 20 had to be applied for.  Applications closed early November and bulk billing was to start early March.

    From what I  have read you don't need an MRI machine in a clinic to apply,  of course one would have to be installed and from what I understand applications would be most likely where there is a shortage, SE Melbourne and Perth for example. 

    Purchasing a old clinic with substandard imagining equipment might not be such a bad move if we could land an MRI licence.
    If anyone has heard of our competitors being successful  could you let us know. 
 
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