Potential Merger with Dialogue (CARE)?I have been watching CARE since it IPO'd and the stock is getting crushed - it just made a new 52 week low today.
seems like it would be a perfect fit within the WELL portfolio - it's a B2B model with Dialogue partnering with various big companies to offer telehealth services. so relatively sticky revenues. one of their biggest financial backers (and clients) is Sun Life.
it's very thinly traded and has a low public float (35MM of 75MM fully diluted). TD has a $15.50 target on it which was derived using a pro-forma10X Revenues multiple. it traded as low as $8.27 today.
if anyone has any more insights I would love to hear them. seems like it's a high growth company ripe for a merger.