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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL.DB


Primary Symbol: T.WELL Alternate Symbol(s):  WHTCF

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

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Post by retiredcf on Apr 16, 2024 9:47am

Healwell

Worth posting despite the previous suggestion to not talk about AIDX. GLTA

Healwell is tremendously appreciating in share price. How does Well Health Tech. benefit from this? I don't know if they have an investment, part ownership or if its just a collaboration.


It is both; in October WELL invested $4M in AIDX through a convertible, and at the time would have been the largest shareholder on an 'as converted' basis. The stock has more than doubled since then and WELL should benefit. AIDX has run with strong comments on growth but it has also been mentioning its 'AI' strategies a LOT, which has generated investor interest. Still, it has lots of cash, is growing fast, and momentum of course is very positive. (5iResearch)
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