Cantech Letter Sept 27 w/ David Newman's new outlookThe article is written by Jayson Maclean. It states that the new bullish outlook sp for
Well is $9.50. This was prior to the announcement of the 70 million.
He goes on to state some of the reasons include the 10 potential deals in the (LOI's)
state of development ~ Three EMR deals, digital deals and healthcare
clinics in Eastern Canad,.that they can "Self fund with the 35 Million" they currently
have (as of 9/27). This would allow all of the LOI's to be purchased. I think they will
purchase at least five of them in short order.
I have seen reference to one purchase per quarter, I think this will apply to one purchase
per business unit per quarter. The 70 - 80 million will be a bank roll for upcoming quarters.
Or .... maybe a Global purchase.... or.....? At any rate it's fun to speculate.
GLTA Enjoy your weekend