I'm back with a few more comments, just my opinionI hate seeing this stock drop since I have WELL shares , so I do have skin in the game. But here are topics to discuss:
1. Reading the recent acquisitions in their communications, since the end of 2020 , WELL structures their puchase agreement similarly with each company. Largest % of the sale price up front in cash and shares, then over the next 4 years annual payment based on growth projection targets, and a WELL note paid out in 3 tranches in the first year of the purchase. WELL has the choice of how much shares vs. cash to pay. If they decide on mostly shares, this will further put pressure downward on the stock and share dilution is a problem that went into hyperdrive in 2021 .
2 . WELL rode the 'telehealth' craze up , and through no fault of their own, overall sentiment in this space has soured, so stock is dropping with the other similar companies. Live by the sword...
3. The smaller tuck in acquisitions contributes minimally to revenue. Good press though. Their Bigger acquisition of MyHealth may have beeen priced to perfection. May be Difficult to expand to other provinces since each province has their own rules vis a vis imaging clinics.Fewer opportunities to buy clinics . Lots of overseas $ buying Canadian businesses and overpaying such as clinics. Biggest growth market is in the USA if managed correctly .
4. To those who say WELL may be bought out by another company, let's hope it happens. The problem in Canada is , execpt for Telus , I don't know of any public company in Canada who is big enough. A few similar positioned and sized companies though. Perhaps private equity but that's a wild card.
5. I don't know all the prerequisities for a Nasdaq listing, but my guess is a $4 and under stock wont be eligible Let's hope I am wrong on all counts ! As the saying goes, 'don't try to catch a falling knife'.