SYB symbion health limited

Mayne will get hammered.

  1. 1,816 Posts.
    Mayne will get hammered at the opening today.

    Fair value now would probably lie around the $4.00 level.

    A friend of mine who's a specialist no longer refers any patients to Mayne hospitals because Mayne asks patients for an upfront cash payment.

    He's gone from sending 40% of his patients to Mayne to close to none.

    Drastic changes will now have to be implemented to amend this situation.

    The centralisation that Smedley implemented has led to rebelion by doctors who now have no where to address matters of concern within their hospital.

    He's allienated his customers and staff... not a good way to run a business.

    It brings back memories of Dunlop's (aka "Chainsaw") cost cutting at Sunbeam in the 90's.
 
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