Analysis: Nursery Chains - ABC's share price crashes

It seemed that nothing could stop the commercial juggernaut that is ABC Learning Centres conquering the childcare world - until last week. Mayhem on the Australian stock market saw an astonishing crash in its share price and its founder directors forced to sell off much of their own shareholdings at knockdown prices, because of lenders' concerns over the company's debts. Share trading in the largest childcare operator in the world, with more than 2,300 centres in Australia, the UK, the US and New Zealand, was suspended...