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Bullboard - Stock Discussion Forum Premier Health of America Inc V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates... see more

TSXV:PHA - Post Discussion

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Post by colourama on Mar 29, 2023 10:43pm

Uninvestable

As much as I hate to say it, the company must know that it is uninvestable until they can get clarity on Quebec. No one is going to be buying shares if the company could be practically wiped out if they can't operate in Quebec. We can see that in the price action - no volume unless someone sells into the small bid. Rinse and repeat.

I hope they are working furiously behind the scenes. I also wish that they had better communication about their plan.
Comment by Torontojay on Mar 30, 2023 10:00am
You are right. I wouldn't necessarily recommend buying shares for existing shareholders unless there is more clarity. Hold and sit tight.  For the prospective shareholder, I think these prices are very attractive but it comes with added risk. Start with a half position and then go from there.  Once there is more clarity,   then you can take a full position if the risk/reward ...more  
Comment by CauseWhyNot on Mar 30, 2023 10:32pm
In all fairness.. the company is f'd ... they lose 50% of revenue they are hooped 
Comment by Stonksonlyup90 on Mar 30, 2023 11:11pm
The risk/reward isn't enticing anymore.. they lose that Quebec business and shareholders lose the majority of their investment!