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WELL Health Technologies Corp T.WELL

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

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services. Its solutions enable more than 38,000 healthcare providers between the United States and Canada and power owned and operated healthcare ecosystem in Canada with over 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States its solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL Health USA Patient and Provider Services consists of four assets: CRH Medical, Provider Staffing, Circle Medical and Wisp. It provides cybersecurity protection and patient data privacy solutions.


TSX:WELL - Post by User

Post by speedy99on May 12, 2022 7:36am
203 Views
Post# 34676904

30 million bought deal offering

30 million bought deal offeringThis is not a small purchase and the institutions and persons involved expect to make money, and they will.  There is no other reason for the expressions of interest, apart from a desire to make money in the future.  The purchasers are not here to bail out WELL or to delude existing share-holders.  They are here to make money.  This is a win-win situation, for them and existing shareholders.  I expect that with this offering and the ability of WELL to purchase its own shares we now have a floor on the share price, despite market conditions.  Once again, the shorts are out in full force telling you to sell your shares at the worst point in time.  Don't listen; rather, follow the lead of the finance people willing to plunk down 30 million at current share price levels.  A few years from now this price level will certainly appear as a gift just as the earliest financings were a gift to those astute enough to become involved.
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