Q: I just read an article in the western Investor online saying that WELL is going to split into 2 companies. I would like to know your thoughts on this and do you feel this could unlock some value or is it a non event. Would you still endorse holding this company/stock
5i Research Answer:
It is a possibility and has been discussed, but there is nothing official and the company has made no public statements regarding anything. It could unlock value, as some divisions are growing faster than others. We are not sure it would be the right time for such a move, but the company knows its potential of each division. We would remain comfortable holding.