Going to $2 in 2019Financials coming out at the end of Feb will show continued growth.
The company is trading around 1.5x revenue, which is RIDICULOUS when you look at the multiples for similar companies trading at 10x.
Plus VitalHub is JUST GETTING STARTED. There is significant GROWTH potential, and EFFICIENCIES when consolidating companies.
And CASH that can be deployed for more accretive acquisitions. I don't see the risk here.
The smaller deals have increased the footprint of the company, and are PROOF OF CONCEPT. The sale announced yesterday was significant, and as the software gains popularity, the BIG facilities will take notice. If they announce a sale to a 1000 bed facility, or a provincial government deal, this goes PARABOLIC.
RHT had a pullback like this before it went from $0.15 to $2+.
And VitalHub management is taking their time to do it RIGHT. Strong management that I trust with my money.
Very undervalued here IMO for anyone who is following the story.
$2/share is far away now, but soon it won't be.