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ChromaDex Corporation Message Board

  • roxyroo73 roxyroo73 Dec 12, 2013 9:34 PM Flag

    $10,000,000 deal

    What are the chances that CDXC will get at least $10,000,000 in new deal(s) overall from NIAGEN? I.e. After the studies come in positive. If you think the chances are high, then what do you think the stock price will be?

    Based on the MARTEK DSM deal: They paid 1.1 Billion or $31.5 for each of their 350 million shares. CDXC only has 110 million shares outstanding which means DSM would have paid approx. $31.5*3 ($94.5) per share if CDXC was making what MARTEK made and where a part of a comparable offer. MARTEK was making 450 million when it was bought by DSM. I know this is rough, but if CDXC could make 5% of what MARTEK was making then perhaps DSM would pay 5% of $94.5 or $4.72 a share for CDXC. Not that it works exactly like this but if CDXC could make 5% of what MARTEK made when it was bought which is 5% of 450 million (or just over 22 million) then it would be comparable at a certain level.

    So how does CDXC make just over 22 million? CDXC would need a $10,000,000 deal - hence the title. Does this make sense? Do you think CDXC would be worth more or less than $4.72 a share if DSM was to buy CDXC after they start making 22 million a year? I'll stop now :)

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