Gillys,
Too many smartarse posts from me, my apologies.
But, when you look at private health funds, they are not designed to make a lot of money.
As far as your comments on them being a more efficient form of government department, I think that is a very good way of thinking about them.
The basic structure of the whole industry is to take in money, disburse most of it back as claims, and take a tightly regulated fee to cover costs , and a modest profit.
Then throw in the inability to refuse members, portability, claims equalisation.
Hence my "utilities" comment above.
So, unless that structure is changed, I dont see any huge increase in profits.
The only people able to make those changes would be government, and government has no incentive to make changes.
As a shareholder , sure great to see those changes, but why would, or should, governments do it?
As a taxpayer, and voter, and a medibank private member, why would I be interested in increased profits for MPL?
Cheers
- Forums
- ASX - By Stock
- Could Double Profit
Gillys, Too many smartarse posts from me, my apologies. But,...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MPL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.76 |
Change
0.040(1.08%) |
Mkt cap ! $10.35B |
Open | High | Low | Value | Volume |
$3.73 | $3.78 | $3.72 | $25.53M | 6.790M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20203 | $3.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.77 | 110066 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20203 | 3.760 |
8 | 138710 | 3.750 |
7 | 93271 | 3.740 |
3 | 17360 | 3.730 |
5 | 19082 | 3.720 |
Price($) | Vol. | No. |
---|---|---|
3.770 | 31458 | 2 |
3.780 | 120107 | 9 |
3.790 | 308276 | 9 |
3.800 | 66907 | 12 |
3.810 | 28323 | 3 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
|
|||||
Last
$3.77 |
  |
Change
0.040 ( 1.01 %) |
|||
Open | High | Low | Volume | ||
$3.72 | $3.78 | $3.72 | 1714719 | ||
Last updated 15.59pm 28/03/2024 ? |
Featured News
MPL (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online