RE:my thoughts, for what they're worthjabez3 wrote:
No doubt they got a lot of stock in Well. But that is meaningless if they don't think Well is going to appreciate in price. Simply put, they realized the potential, huge potential, in Well. They also realized that being a part of Well would enable them to execute quicker.
agreed - CRH will trade at a higher multiple being under the WELL banner, CRH will have access to more financial firepower under WELL and Li Ka Shing, therefore being able to grow and execute on their acquisition pipeline quicker, and management gets to keep their jobs and run the company in an autonomous fashion.
i have a feeling that CRH will take down a large group of acquisitions at once at some point in the future - either buying out their 50% JV partners or scooping up a bunch of ASCs in one big transaction.
CRH is a major *key* in the growth of WELL stock now.
GLTA