And MoreAt the end of Q3, WELL had $38M cash. It now trades at just under 2X expected 2022 sales. It is expected to lose a bit of money in 2022. With acquisition-driven companies, it can be difficult to pinpoint value. Growth may slow if the acquisition pace slows. A deal may not turn out to be a good investment. Operating cash flow, so far, has been negative. We think it looks good at $4, but we said the same thing at $6. Market cap has slipped below $1B, and some investors are throwing in the towel. We continue to see it as having potential, though. We would expect more acquisitions this year as well. We highly doubt the Board would consider an offer anywhere near current levels.