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Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.


GREY:SLHGF - Post by User

Post by Rc0gburnon Dec 11, 2020 8:27pm
253 Views
Post# 32091748

Well Oversubscribed deal

Well Oversubscribed deal
Word is deal was 2x oversubscribed. $12million + greenshoe of 15% - so approx $14million.  Now that the brokers are all over this stock and have done 3 cap raises in as many months, they are laser focused. Company has tons of cash, is lean and mean and will be going on the acquisition warpath. Expect M&A and increased revenues/ebitda.
I am very bullish and many have made money here. However... before we get out the Dom, note this vertical run from the lows of Feb/March. Makes sense if we consolidate in the 90- $1.10 range before the next phase of the Phoenix. Be Lucky!
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