90% revenue guaranteedRemember, 90 percent of revenue is essentially guaranteed because it is received from government funding. the long-term program. I'm not sure if everyone understands what a significant advantage that is over its competitors who have a higher percentage of revenue generated from retirement living.
From the last release...
We have chosen to suspend our DRIP as we do not believe it is in the best interests of the Company nor its shareholders to issue shares at current prices, particularly given our strong balance sheet, ample liquidity and the reality that over 90% of our business is government funded.”
Very stable funding. Very lucky to have in this stable funding in this environment. Who else can say they have that level of stable government funding?