Another Day of Green Post-IPO Telecure ($TELE) just launched on the CSE yesterday at $0.35. It's already hovering at $0.495 (up 16.5%) on the second and day of trading! Telehealth is becoming the future due to the ease of use and the time-saving advantages over traditional healthcare methods.
$TELE has a few impressive features, and their market debut has undoubtedly been a reflection of the potential they hold.
- Profitable on current operations with an 85% trial to paid SaaS conversion rate
- Presence in 6 countries and 12 states across the US
- The FindingDr and CallingDr platforms to help find, connect, and assess patients while simultaneously decreasing wait times, missed appointments, and scheduling overhead
- Aggressive growth plan including both organically and through acquisitions
- Built-in technology for treatments and is HIPAA compliant.
- Solid management team consisting of highly experienced doctors and business professionals
These reasons, in addition to the telemedicine market’s overall projected growth, have helped me make my decision to invest right off the bat. With people more likely to save time and money through telemedicine, I think $TELE can become a leader in the space. Looking forward to the future!