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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

TSX:WELL - Post Discussion

WELL Health Technologies Corp > Ridiculous
View:
Post by Gasgoto on May 11, 2022 8:28pm

Ridiculous

They cancelled 50,000 sh at an average price 4,85 $ and they made a bought deal at 3,70 $...

wowwwwwwwwww..... excuse me Mr Shahbazi, but it suppose to be managed  the other way !!!
Comment by bandit69 on May 11, 2022 8:38pm
What do you mean? they're expert capital allocators....just ask them. hahaha
Comment by hrgoyal on May 11, 2022 8:52pm
Am I missing something. Company is bought 50K shares at 4.85 & selling about 8M at 3.70?  why to have NCIB while diluting the shares?  If company thinks its share are worth $3.70 ( net will b even less after discount & commission) why market will value more than $3.50 tomorrow or day after? 
Comment by CatoCan on May 12, 2022 1:43am
The only reason I can think of is that they see some value in having  Li Ka-shing as a shareholder. Maybe he has some connections Well can use to expand to Asia?
WELL Health Technologies Corp
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