NBLY.to

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Hi … would you say Nbly.to is acting more like A franchise operation or a roll-up company? And why is the volume low on this company…is that something to be concerned about?

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Asked on August 9, 2021 1:19 pm
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Thank you

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Posted by Mike Nicholson
Answered on August 10, 2021 2:24 pm
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The company is definitely acting like a roll-up company. It buys rural/independent pharmacies and rolls them up into the overall business.

Low volume can be for many reasons and as a recent IPO it may not have the coverage yet. I'd say it is a concern only if you are trying to trade the stock as it can be difficult to move in and out. it does however, add an additional level of risk. Worth noting, it only went public in June, and summer sees a pretty big volume drop. So not only is it not as well known, it IPO'ed at a seasonal period in which interest in stocks are at its lowest. I'd expect volume to pick up in the fall and perhaps at that time, more analysts will come on board and start covering the company as well.

Mat

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Posted by Mathieu Litalien
Answered on August 10, 2021 1:50 pm