Investor DayI attended a portion of it today even though I was drenched from stormy weather Lots of analysts present. I wonder if they will be moved to comment based on what was heard??
During the time I was present Hamed spoke to the efforts to monetize Wisp and Circle. There was a slide with theoretical valuation metrics tied to revenue I think. The sale of Well's stakes could bring in in excess of several hundreds of millions of dollars. Sounds like Wisp will conclude first. The Circle CEO spoke and said he expects to be at a run rate of 1 billion dollars in 5 years. Should be lots of bidders. Hamed mus have big plans for the cash for him to sell Well's stakes.
Hamed also alluded to the market not valuing the sum of of the parts to the extreme, to the tune of 1 billion dollars, much more than most conglomerates. There was reference to the Ocean MD EMR generating as much revenue as a company in the same industry with a market cap of over 500 million.
I am old with bad hearing and prone to error. So please don't rely on the above. Watch the show yourself . Itis supposed ot be on Well's You tube channel. Good luck to all.
Signed
OVERWEIGHT