Quipt Home Medical Corp (TSE:QIPT) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Quipt Home Medical Corp faces significant risks from proxy contests and actions by activist shareholders, which can disrupt operations and divert management’s focus. Despite agreements like the Kanen and Forager Agreements to mitigate these risks, the potential for costly and time-consuming disputes remains. Such uncertainties can deter business opportunities and complicate the retention of key personnel, potentially impacting the company’s strategic plans and financial stability. Additionally, these activities may lead to share price volatility, further affecting investor confidence and the company’s market position.
The average TSE:QIPT stock price target is C$4.39, implying 61.40% upside potential.
To learn more about Quipt Home Medical Corp’s risk factors, click here.