WELL Health Technologies Corp T.WELL

Alternate Symbol(s): WHTCF | T.WELL.DB

Healthcare Medical Care

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services. Its solutions enable more than 38,000 healthcare providers between the United States and Canada and power owned and operated healthcare ecosystem in Canada with over 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States its solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL Health USA Patient and Provider Services consists of four assets: CRH Medical, Provider Staffing, Circle Medical and Wisp. It provides cybersecurity protection and patient data privacy solutions.

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WELL Health Technologies Corp > WOW looks like $7 or $6

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Comment by monty613on Mar 16, 2021 1:24pm

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Post# 32808475

RE:RE:RE:WOW looks like $7 or $6

speedy99 wrote:
What makes you think they are building to divest? I have never had that impression.

just speculation but it's mostly rooted in the following:

the management team previously built and sold their company to PayPal
management and insiders (Li Ka Shing) own a considerable portion of the equity - I don't know this # off hand, but its significant
billionaires like Li Ka Shing do not invest in companies of this size unless they are expecting huge growth - likely with a sale/take-private transaction as their exit
the CEO has never sold a share
they recently hired an Investment Banker to head up M&A
the CEO is constantly talking about being an allocator of capital
the company is very heavy into stock promotion
the pending US listing will allow them to use their shares as currency for more M&A
the pending US listing makes them a more attractive target
the growth strategy lends itself to an ultimate divestiture. WELL and CRH are both roll-ups/consolidators. acquirers find that attractive.