1. Quality dentists don't typically join corporates if they are any good unless they want to sell their own practice for a good enough profit and/or profit sharing floats their boat. 2. SILs strategy has never been the same as ONT or the like and likely never will be 3. Boasting about buying practices that are well run and keep it going is not something I would be proud of as a businessman. It comes with the same risk as any other in relation to the motivation of the principal dentist etc. Infact i would prefer big corporates than the nosy small time idiots. 4. I don't think general public care about SILs share price movement. I don't expect employees care much either. It's not a moral boost for sure. Most people will continue to see their dentist as they currently do is my guess. 5. I will be surprised if principals got out of the contract without any penalty or similar. Corporates generally make dentists sign a contract for a period of time with clauses etc. 6. Business is very much viable if the curent strategy is executed well with a no-nonsense approach. Plenty of mistakes committed in the past and it floated in a hurry. 7. With all his faults, MT knows his trade for sure. Not too sure how motivated he is now though. Plenty of enemies in the industry to boot. 7. Anyone still holding/buying should be very well aware of the risks.Punt what you can afford to lose.
DYOR/GLTAH
SIL Price at posting:
17.0¢ Sentiment: None Disclosure: Held