@jeffqq@sheslee The CEO Mark Bertollini has founded several businesses in the past to which have pulled in $1b in sales. So the guy knows how to build businesses from the ground up. Pair that with other tech founders, you have a massive win combo
Hey do you have any info regarding Mark's ownership of founders shares Josh and mario transferred when they bought him into the company? Grok suggests Mark may have 10mil shares with a further 10 mil bonus milestone bonus. That could potentially put mark's ownership at 20mil shares at $3 a share valuing his current assets held with OSCR at $500mil
It was a strategic debt restructure with its creditors to remove $1.15b debt from its ballooning $1.6b debt.
This was not due to a major lost lawsuit (no reports of that being a factor) or immediate insolvency where they couldn't pay bills day-to-day. It was a proactive financial reorganization to shed debt, lower interest costs, and gain flexibility to invest in transformation (especially telehealth, which was growing).
The process was swift โ they emerged from bankruptcy in June 2025 with a much cleaner balance sheet (remaining debt around $400โ475 million) and continued operating normally throughout.
Yes was a 93:1 reverse split that occurred as part of the company's Chapter 11 bankruptcy reorganization and emergence in June 2025.
@value_invest12 does a thorough deep dive on this company. With more GLP-1 coming to market drug companies will need more distribution channels and this will mark the turnaround story for $WW . If executed well this can 30x from here.
@TheKouk If the public service was so competent they wouldn't let the NDIS blow out towards $60bil. Which is why smart Australians don't like trusting their tax money to the government
In a scenario where sustained voter demand in Australia leads to the legislative mandation of remote work, even as major corporations register declines in productivity, what factors would nonetheless deter businesses from offshoring such positions to locations where staff routinely undertake overtime without objection?
@value_invest12 More importantly when you dont have cash reserves to pay. You're forced to sell the underlying asset which inevitably suppresses asset price.