Worth Noting HIRE Technologies, a company that WELL's CEO is very involved with is now at 1 cent. Yes. ONE cent. It was at 90 cents less that 2 years ago.
HIRE has the exact same business plan as WELL. They did the whole " growth by acquisition " game and accordingly to the company have been "executing very well in a fragmented market "
A very large part of their assets were intangibles & Goodwill.
They even added " Technologies" to their name just like WELL to get the " tech multiple ". Not saying WELL is HIRE but can someone explain how it's possible that a stock goes from 90 cent to 1 cent with the identical business plan and another one will be the "Berkshire Hathaway" of Canada ?
Let's not talk about BBTV which is another disaster ( from $16 IPO to 50 cents ??