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Think Childcare Ltd (ASX:TNK) is a childcare operator that started its infancy in 2001 when CEO Mathew Edwards built two childcare centres in Melbourne. Think has around 80 childcare centres with over 2,000 employees.
As a couple of fun facts, the company is responsible for 2.7 million nappy changes and 4.4 million meals served per year.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.28% at lunch.
Think Childcare Ltd (ASX:TNK) has made a promising announcement to the market.
Could it be time to buy Think Childcare Ltd (ASX:TNK) shares after the childcare operator announced it was acquiring more childcare centres in Western Australia.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 1.90% on Friday.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is down by 0.93% at lunch.