I think you've summed this up pretty well. I have been in this...

I think you've summed this up pretty well. I have been in this space quite a bit and have someone very close in the dental trade so I can too confirm what you are saying (if there were any non-believers).

I took a punt on this being binary being a huge price rally or a complete donut. I was always of the opinion that this was going to be a churning of patients with quick procedures with junior dentists (grads) and that it was going to be volumes game. I agree they have overpaid for pracs but is it still too much of a stretch in your opinion of heavy marketing and being preferred providers to get the books back in the black within 6 months?

I would imagine the banks would be keeping them on a short leash.