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Interesting list Wayne.

My 2 largest holdings- ANZ & ARB.

I don't really have favourites but my most recent acquisition was PLF.
They build retirement villages, sell the units with a plan to maintain management rights. They are the largest player(18%) in a fragmented market.
The elder proportion of the Oz population is going to grow significantly over the next 30 years.
They have just had a $20m convertible note raising which closed early. This is to be used to fund growth & pay down debt.
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