Rear Window
Shrinking APM sent directors (and Mark McGowan) to Melbourne Cup
The share price is half what it was at the float, but for APM’s board members, it wasn’t an entirely bad week.
Myriam RobinRear Window editorBy the time AGM season rolls around, bad news has usually been baked in. But not at Perth’s APM Human Services.
On Friday, the largely government-funded employment, aged care and disability services company fell nearly 20 per cent shortly after 1pm. This was around the time chief executive Michael Anghie started speaking, revealing that a world of near-full employment was, well, bad news for unemployment service providers.
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