RE: RISK vs REWARD1 May 2024 11:15
Indeed, the drop from 2000p+ is simply on a potential 2 year enquiry to pricing and transparency of pricing, nothing material has changed.
CVSG does not generate excessive profits/margins (like banks/insurance and others do) and for those who understand the industry as stated in previous posts there is a shortage of vets and the cost of products/medicine etc is not cheap and I saw one comparison in the media that stated the equivalent/similar products for humans can often be bought cheaper than those precribed by vets, totally omitting the fact that the law prevents this practice !
Fair enough the CMA take a look at the industry, however, as many have suggested, vets included, they will find the cost of vets, training, premises, insurance are l supported by current charging and practices with a likely recommendation for displayed standard pricing where possible. Vets and pets is an expensive business, the shares for the business are currently far from expensive though :-)