RE:VMD's insiders own 15%, VMD is a takeover target and LINDE Based on the vast majority of the sector deals to-date, VMD could be acquired for at least 10 times its adj. EBITDA and at least 3 times its Revenue, so this translates into more than $15 per share.
stockfy wrote: It's noteworthy that VMD's insiders own 15%, see the latest proxy, so their interests are fully aligned with shareholders', do not forget this.
On top of this,
VMD is the #3 player in the non-invasive ventilation space in the U.S., so VMD will be acquired by a large healthcare company sooner rather than later.
VMD's main competitors are Lincare which is owned by Linde AG and Apria Healthcare which is owned by Blackstone.
Linde AG acquired Lincare for 11 times its adj. EBITDA a few years ago.
Then, Lincare expanded its presence in the respiratory services delivered in the home by acquiring American HomePatient, Inc.:
https://hme-business.com/articles/2012/07/05/linde.aspx
https://www.prnewswire.com/news-releases/lincare-signs-agreement-to-acquire-american-homepatient-300188730.html