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WELL Health Technologies Corp T.WELL

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

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and Provider Services includes Primary Circle Medical, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing. Its healthcare and digital platform includes front and back-office management software applications that help physicians run and secure their practices. Its focused markets include the gastrointestinal market, women's health, primary care and mental health. Its solutions enable 34,000 healthcare providers between the United States and Canada and power owned and operated healthcare’s in Canada with 165 clinics supporting primary care, specialized care and diagnostic services.


TSX:WELL - Post by User

Post by monty613on Nov 09, 2021 9:37am
221 Views
Post# 34104145

MyHealth and other acquisitions - share payment @ $9.80

MyHealth and other acquisitions - share payment @ $9.80a reminder that these companies must have had a VERY compelling reason to take shares at $9.80 when WELL wasn't trading anywhere near that level. MyHealth took $94,300,000 in shares at a deemed price of $9.80. that's almost 50% of the $206MM purchase price of the company. they're sitting a ~$29,000,000 paper loss right now (!!!).

there is no doubt in my mind that they know something retail shareholders don't know. nobody sells their business and takes that kind of outsized risk. they won't be left holding the bag.

there is something coming, eventually, which will make this risk worth their while. whether it's the NASDAQ listing, or another transformative acquisition/merger.


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