AXA Relationship / Convertibles, page-6

First 6 Last

Share
Profile

Follow
Hawk70

915 Posts.

290

19/04/24

10:16

Post #: 73420789
Share

Originally posted by JonnyDavo: ↑

"The JV cessation works both ways"
It does work both ways to some extent, but one side asked for exclusivity to be removed so they could speak to competitors, and the other side will have to replace 94% of revenue if they leave. So it does look pretty one-sided. The “opportunity to expand its client base” is just management using NLP to re-frame a problem, isn’t it?

What concerns me is this:
“Evolution of DCA’s relationship with AXA Health following the agreement to remove their mutual exclusivity obligations”
This evolution was requested by AXA, wasn't it? DOC didn't initiate, and therefore probably did not want to remove the exclusivity.

"This HAS to work or Doc goes under, right? No AXA no business."
I suppose that's what I was getting at. AXA holds all the bargaining power. Why did they agree to those convertibles at those terms?

"All customer reviews show that."
Have you seen the Google Play store for Doctor Care Anywhere (sort: Most Recent)?

"That's been fixed. AXA is happy."
I want to believe it, but there's been no comments from AXA. (e.g. 'we value our relationship with DOC, and we’re happy to invest in their future')
All the statements about their commitment have come from DOC, and no time frame is given. Maybe it's just for the interim, while negotiate with others?

I don't think we will have time to get out of it, if we're wrong.
If they convert those Notes in 2024, register the shares, I'd speculate that this stock will sink 50-90% at open.

Essentially AXA have negotiated very similar terms to before in terms of profit sharing… except now they are also free to talk to competitors (which they requested), they only have £5m at risk vs £10m previously… AND if the stock bounces on profitability, they can get out even sooner.

Promise I'm not trolling you. Just trying to get my head around this very odd looking deal. I appreciate the time you're spending to give your view mate.

Expand

I suggest you look up the CN terms.

No-one is getting trapped.

They have to give 30 days notice and the longstop is Dec 2027.

Good luck if you decide to invest - DYOR

DOC Price at posting: 6.8¢ Sentiment: Buy Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

LGM

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

GRE

Greentech finds lithium trend across 5.5 km at WA's Kobe South

PYC

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

AW1

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

There are more pages in this discussion • 1 more message in this thread...

First 6 Last

Add DOC (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.005(7.69%)		Mkt cap ! $25.66M

Open	High	Low	Value	Volume
6.5¢	7.1¢	6.5¢	$21.20K	302.9K

Buyers (Bids)

No.	Vol.	Price($)
1	40000	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	96084	2

View Market Depth

No.	Vol.	Price($)
1	40000	0.065
1	57805	0.064
3	217495	0.062
2	37194	0.061
5	79444	0.060

Price($)	Vol.	No.
0.070	96084	2
0.071	254343	1
0.072	21639	3
0.073	3846	1
0.074	85000	2

Last trade - 13.19pm 10/07/2024 (20 minute delay)

DOC (ASX) Chart

AXA Relationship / Convertibles, page-6

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Greentech finds lithium trend across 5.5 km at WA's Kobe South

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

AXA Relationship / Convertibles, page-6

Top Stories

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Greentech finds lithium trend across 5.5 km at WA's Kobe South

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News