Q: I wonder if the low price per share could be a problem for WELL, wrongly perceived as "not serious". TVK at 1B was $40/share
5i Research Answer:
There are some fund/institutions that do not like buying shares below $5. There are also more that have market cap restrictions such as not buying anything less than $1B. A share consolidation would help out in the first instance but not the second. But the CEO's former company traded below $10 when it was taken out, and we doubt the actual share price is of much concern, as long as business is going well. The shares will follow (eventually) if earnings rise.