CLHI- Significant updates and catalysts on the way
Eventful Friday for CLHI as TDS, the merger partner, confirmed that they are progressing towards getting listed, which should happen soon. The following are some of the recent tweets (my emphasis in bold):
The Data Source @thedatasourceuk · Aug 14 Updates at TDS. We have been told we are ‘In the queue’ so patience is a virtue! #stickwithit #frustrating #inpatience #thepowersthatbe #nofaultofown #letsfly #tothemoonandback
The Data Source @thedatasourceuk · Aug 14 Also just to mention and any management or employees from TDS can not communicate in a quiet period! #nogames #truth #lookitup #facts #illegal #authorities #weloveyouall #positivity #happy #millionaires #lifechanging
TDS participates in high growth markets like data management, lead generation and AI. Public comps like ZoomInfo and DataDog trade at market caps of $17-25bn! CLHI currently trades at the paltry valuation of $3.3 million. Some other shells that have no merger partner trade at valuation of over $150 million.
CLHI is poised to re-rate significantly higher in the next few weeks IMO.
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