Q: hi folks...it appears that Well Health, well/t...now owns 97.47M shares of Healwell, Aidx, or 37%...and have 30.8M MVSs ....am I correct that Well bought the shares for $0.125/shr, and the 30.8M MVSs for $0.01 each (exercisable at $2.50)...if correct...does that not seem like a great deal & execution by mgmt at Well Health....I know they have had lots of stumbles in past, but I am thinking/hoping...that 2025 is breakout year. Am I correct with my figures for Healwell??, & your thoughts, thanks as always, jb Piedmont QC....Go Habs Go hehe
5i Research Answer:
WELL owned several tranches of AIDX warrants, with varying exercise prices of between 20 cents and $1.20. It also owned convertible debentures with a conversion price of $0.20 per share. Certainly it was an attractive deal for the company. WELL EPS is expected to grow very sharply this year, and it has indicated that tariffs should have minimum impact to the company. IF it can execute on its planned growth, the shares SHOULD respond positively.