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0.00% 9.5¢ vitura health limited

Ann: Vitura Health acquires Doctors on Demand, page-23

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  1. Covid2030
    84 Posts.
    lightbulb Created with Sketch. 23
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    27/10/23
    02:10
    Post #: 70565616
    Can someone enlighten me in the $25mil valuation of Drs on Demand - when on the release today on 26 Oct 2023 - states the "on completion, Vitura expects DoD to generate net positive cashflows"?

    Does that mean VIT just bought a $25mil asset that is not profitable?

    Is that in the hope they can get their Drs to prescribe cannabis after they previous decided to scale back CDA?

    VIT Price at posting: 34.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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