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Battered aged care stocks wobble on âdisjointedâ reform plan
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A government pledge of close to half a billion dollars to launch an overhaul of the aged care sector has failed to rally the share prices of ASX-listed operators, with analysts warning future funding remains murky after the royal commission revelations.
Shares in Japara Healthcare, Estia Health and Regis Health Care all slid last week after the aged care royal commissionâs final 2000 page report was released. The three companies opened lower on Monday before recovering slightly as the broader market rallied. Japara finished the session down 3.9 per cent to 74¢, while Estia gained 1.5 per cent to $1.99 and Regis was up 3.3 per cent to $2.02.
AustraliaAustraliansIan-thorleyLinda-mellorsRegis-healthcareHealth-careஆஸ்திரேலியாஆஸ்திரேலியர்கள்ஈயந்-தோர்லிலிண்டா-மெல்லர்கள்ரெஜிஸ்-சுகாதாரம்