RE:Wells investment in AidxSo the information I gathered was that Well owns 22.7 million ahres of AIDX. The shares went up $1.60 during Q2, So that is investent income of 36,320,00 which represents about 15 cents per Well share.
So if the businesses can add another nickel eps, we would be at 20 cents for Q2
If we assume the investment income will taoer to 10 cents a quarter in Q3 Q4 qnd Q1 2025. and the operations eps is constant at a ickel, that would be another 45 cents for the next 3 quarters.
65 cents over a 12 month period puts us at a PE ratio of about 7.5
What have I got wrong??????