RE:CRH as a going concernWINDGOD46 wrote: Anyone has a clue of what the relationship between CRH and Well will be? Is CRH sold to the latter and will CRH operate as a separate company? The latest development with UD is promising. Now that i have kept up in gains in the oil sector, I want to diversify with a less volatile stock and CRH seems to fit the bill. I will, in the coming months, re-enter the stock, provided CRH is still an on going concern. Any suggestion wellcome.
CRH stock will be delisted and will be absorbed into WELL on closing.
CRH will be a self operating entity under WELL with Tushar Ramani running it still - I think that bodes very well for the combined business.
The fact that Li Ka Shing (one of the richest people in the world, richest person in Hong Kong/Vancouver) bought WELL at $9.80 tells me he knows something or expects something the market hasn't discovered yet. If CRH can continue to execute they will deliver HUGE value to the WELL share price, as WELL trades like more of a high tech stock. When WELL gets listed on a US exchange, look out.