Q: Now that WELL has achieved control, what upside remains for the minority shareholders?
5i Research Answer:
Because WELL had convertible securities already before this week, nothing much really has changed here. AIDX saves a bit of money on the bonds that were converted (no interest). Revenue is expected to nearly-quadruple this year. It is still losing money but losses are getting smaller. We think it still has pretty good long term potential, but still with all the associated small cap risks.