SIL 0.00% 3.5¢ smiles inclusive limited

I have had a good look at the prospectus and the profit guidance...

  1. 15 Posts.
    I have had a good look at the prospectus and the profit guidance for next year - which looks good however I don’t really understand if you were a dentist running a successful practice why you would buy into smiles inclusive unless you were either a) struggling and not making a good return which means the guidance for next year is ambitious or b) you have a successful practice and have been paid too much by smiles inclusive.

    I would understand this one better if the target dentist was just starting out in the profession and couldn’t afford their own practice. This would then sound a little more logical

    I see Mike Timoney from what I understand has 9 mil of shares for no consideration - sounds like a lot even considering he has established a dental group previously.
 
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