re: Ann: Market presentation - Australian Den...
The question to ask is not how much negative impact from the end of the government policy.
I reckon the question to ask is how much of the negative impact will be offset by the membership program.
The speech is indicating high take up so I do think the offset will be high.
While there is some downside the crisis also provide extraordinary opportunities to ont in sector consolidation, which will further offset the shirt term negatives and provide long term growth prospect that would otherwise not be possible.
Short term hold. Long term buy.
Would love to see it go down to near 5 so I can grab some more.
ONT Price at posting:
$5.61 Sentiment: LT Buy Disclosure: Held