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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

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

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

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Post by HotDiggityDogg on Oct 28, 2021 1:11pm

Well's NR

I really like WELL's NR today. To me, it sounds like Hamed is preparing to sell the company.
Comment by speedy99 on Oct 28, 2021 1:26pm
Still don't think so, but I suppose its possible.  If they are dividing into two main parts, maybe one part gets retained and the other sold?  I have read the N.R. over a few times; maybe someone here can explain in plain English what it means.  There is an overdose of corporate jargon in the N.R. to my liking anyway. My thought is that the streamlining into two separate ...more  
Comment by HotDiggityDogg on Oct 28, 2021 1:36pm
I think it is very likely that if and when WELL is sold, that each division will be sold separately as multiples applied to each divsion is totally different. I think the NR was trying to simplfy the operations of WELL by dividing the operation into two parts.  If each part can show organic growth and margins that are above the industry standard, then they can be sold. Truth is not one knows ...more  
Comment by brandinvestor on Oct 28, 2021 1:27pm
My guess was to increase the price before they annouce the NASDAQ listing. No way they annouce something like that months ago and said it'll be at the end of 2022 without going through with it before they sell. They would want the share price as high as possible, which means news releases and a NASDAQ listing would most likely come first IMO
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