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

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

Healthcare

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

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TSX:WELL - Post Discussion

WELL Health Technologies Corp > $3.70 Bought Deal

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Post by LarryBird on May 11, 2022 5:43pm

$3.70 Bought Deal

How is this any good for shareholders? Can someone explain... given the current stock price and the fact that there is more dilution .... are we to expect stock will tank tomorrow??

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Comment by BudFoxx2020 on May 11, 2022 5:46pm

It's not good at all. Just the promoters and company paid shills putting their spin on it. It happened exactly like bandit and I predicted. We told you they will dilute.

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Comment by speedy99 on May 11, 2022 5:55pm

The key is what the proceeds are used for. The press release gives a good idea. We want a growing company to be opportunistic in a down market. This is what a young growing company does; not hard to predict. They will be strategic in the use of the funds and in a few years with some great acquistions under our belt, no one will regreat this. ...more

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Comment by LarryBird on May 11, 2022 5:59pm

But what happened to all the talk about FCF and no need to do more dillution. ( company being able to finance its acquisitions by FCF of CRH and MyHealth, etc ) Literally this was said 10000x by management so it just makes no sense.

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