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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.

 
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