Regis Healthcare shares plunge nearly 35% after funding rate shortfall
Regis Healthcare (ASX:REG) shares plunged nearly 35% after the company said an increase in the government residential aged-care funding rate fell well short of inflation across the sector and economy.
Shares of Australia's Regis Healthcare ASX:REG plunged nearly 35% on Thursday after the company said an increase in the government's funding rate for residential aged care fell well short of inflation across the sector and economy.Here are some more details:($1 = 1.3957 Australian dollars)