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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

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

Comment by brentski99on Apr 18, 2023 10:31am
89 Views
Post# 35400510

RE:Bought Deal May Reflect Tighter Credit

RE:Bought Deal May Reflect Tighter CreditThis equity raise was baked in months ago as per leak by analyst which was redacted. At that time this price looked pretty darned good even to the nay sayers posting here. It is prudent to raise cash and pay off debt when inrerest rates are rising, the economy has a gloomy outlook and the credit market looks like it could be tightening. Commercial credit lines are the first to suffer as their rates are tied to prime. The share price will take a small hit which will piss off some but will also give long term holders a chance to add to their holdings if they so desire. This will not be the last equity raise as this is what growing companies do.
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