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Vringo, Inc. Message Board

  • snowballdays snowballdays Nov 9, 2012 8:58 PM Flag

    Is the upside way off? Help with valuation...

    Is the best case scenario, when hearing back from Judge Jackson, that we'll get 158M as opposed to 15.8M in past damages in addition to the 3.5% running royalty?

    Okay then...

    It's logical that the 3.5% is already baked into the current PPS - the judge will follow the jury there. So the only improvement from status quo, is if judge agrees that the jury's math was wrong. I agree, the math was likely wrong and the past damages should probably totalled closer to 170M. So thats a difference of 140M.

    140M divided by 60M shares is $2.33.

    So we're looking at $3.30 per share if status quo...

    And an upside, if he's willing to interpret bad math and rectify... $5.63 per share???

    AAAaaand.... I dont know if the market buys the idea that 3.5% running royalty is worth 600+million... the jury ruled and the price didnt move. There is no such thing as a week-long arbitrage in public markets.... shorts cant push the stock past large institutional buyers.... who would be there in droves if they belived in the valuations most are placing on this running royalty...

    Am I way off here? I would think it's worth more too, but you cant argue with the market, can you?

    Downside ($1?)
    Status quo ($3.30)
    Upside ($5.66)

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