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home / news releases / quipt convertible debenture hedging provides an incr


QIPT - Quipt Convertible Debenture Hedging Provides An Incredible Opportunity

  • QIPT shares held up well through the January small cap bloodbath but took a nosedive in February 2022.
  • I believe this sharp and sudden drop in share price is directly related to a specific balance sheet headwind the company faces - convertible debentures.
  • QIPT shares reached a 52-week low at nearly the exact price of the conversion (CAD $5.20/share) on the exact day that conversion could be forced - I think that was no coincidence.
  • Fundamentally speaking, the company is stronger than ever and appears to be extremely undervalued, meaning shares could see a meteoric rise once debenture conversion is forced.
  • Recent acquisitions in the home healthcare space support my argument that QIPT is massively undervalued by the market at this time, with possible returns of 385% over the next few years based on those valuation metrics.

For further details see:

Quipt Convertible Debenture Hedging Provides An Incredible Opportunity
Stock Information

Company Name: Quipt Home Medical Corp.
Stock Symbol: QIPT
Market: NASDAQ
Website: quipthomemedical.com

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