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Retractable Technologies, Inc. Message Board

  • williamszxz williamszxz Sep 21, 2013 4:23 PM Flag

    Folks, BD has already taken a $340 million charge against their fourth quarter results or about $1.06 per share

    so according to that, the triple award of $340 million is a done deal...so that would mean about $12 per share for RVP..even 1/2 that amt would indicate the RVP is grossly undervalued...please tell me what I'm missing because this seems to easy.

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    • havent' seen anything from them on EDGAR for that, where are you seeing it? I would also wonder if that wasn't a worse case scenario that they were presenting investors. They have 30 days to file an appeal, so I think that would be a key thing to look for, if you have PACER and can check. Durring the appeals process they would have to set that $340m off to the side so in effect that would take it off their books till the appeal was finished. Trust me on this, they will appeal, no one just hands over that kind of money

 
RVP
2.58-0.03(-1.15%)Sep 28 4:02 PMEDT