Chat about KOOTH
Broker consensus was north of Ā£3 per share before FB decision.Ā
https://uk.investing.com/equities/kooth-plc-consensus-estimates
The share price was ~146p going into the news. It closed 162.5p on Thursday and has been materially higher again today.
The link is thematic rather than contractual. A chunk of the settlement is expected to be earmarked by states for youth mental health programmes.
Kooth already sells digital early-intervention support into that market ā Kooth/Qwell in the UK and Soluna in the US, including a large California contract.
The SP has been held back here waiting to see if Kooth can sign up any other states to their platform.
That does not mean settlement cash automatically lands in Koothās bank account of course! But certainly has the potential to be a "catalyst event" for Kooth.
Not advice. DYOR.
Held in the Multibaggers portfolio
Anyone following Kooth (KOO) recently? The digital mental health space is clearly growing. With their latest contract updates and expanding reach, how do you see their future trajectory? Are they well-positioned for significant growth, or do you see key challenges on the horizon? Keen to hear your thoughts.
