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Nordion Inc. Message Board

  • akidwadream akidwadream Sep 10, 2012 12:22 PM Flag

    Nordion did not loose 38 % of its fair value over losing a lawsuit

    Don't panic, buy

    Sentiment: Strong Buy

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    • Only if you can calculate how much they could be on the hook for AECL's legal costs potentially. But you are probably right. It's more a situation of a one-two punch (the investigation being the other) leaving a bad taste in investors' mouths, especially ones holding this primarily for the dividend yield or who were expecting a positive arb. ruling. That fund outflow is going to be quite big IMO. If you are arguing fundamentals, at this price, you may have a point--but it will take the flush to clean it out first. The divvy suspension and arb. cost overhang uncertainty will stop many in their tracks from even considering plowing ahead.

11.43+0.14(+1.24%)Apr 17 4:02 PMEDT

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