still looks like it has downside to test but this one is firmly on my watchlist now...
im not saying there is not a lot more downside to come but childcare is one helluva tangible business and abs have shown their ability to sell off part of their chain to cover a crisis.
jp morgan would not have bailed them out because they are kind hearted. whereas it wouldnt surprise me to see something like AFG disappear from our boards i would be amazed if ABS is not around for years to come and therefore will be watching this very closely for signs of a bargain entry.
that could be sub 50cps however.
ABS
a.b.c. learning centres limited
