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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Healthcare
Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Quipt Home Medical Corp > 110 M USD!
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Comment by HatrikSeLaineon Sep 21, 2022 11:02am
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Post# 34976365

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:110 M USD!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:110 M USD!I mentioned the NCIB a few months ago and met with some doubts as to whether it's the best use of capital.   However, I still agree that an NCIB of 5-10% of float over the year is an obvious course of action.   For example, 5% of the float is about $10 M CAD at current levels and would occur only gradually over the next 12 months due to daily purchase limits etc.  It could be an effective permanent counter to the short selling as well.
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