@madamswer Thank you for showing the breakdown of the employee...

@madamswer

Thank you for showing the breakdown of the employee costs for each half year.

I also noticed that Dr Holmes had pressed the down button very hard on each of the cost items in the second half.

The cynic inside me is telling me that maybe he didn't want to disappoint the market with a flat revenue, therefore he pushed down hard the operating expenses.

I just hope that the cost cutting is not detrimental to the level of quality that ONT dentists are able to provide to their patients.

The other thing that I found a bit perplexing was the sale of one practice. As far as I know, ONT had never sold a practice before. And since they are supposedly the expert in dental practice management, I am surprised to find out that they can't make that particular practice profitable.

I am also interested to know if that practice is ONT's own greenfield practice or one of the acquired practices.

I also noticed that they now have a new general manager who started earlier this year. Let's see how long this new guy will last. If he doesn't last long too, if I'm a shareholder, I will be quite worried that there is no stable internal succession planning within ONT.