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Retractable Technologies, Inc. Message Board

  • zoomlik zoomlik Oct 12, 2013 5:38 PM Flag

    With revision from tesi comment , updated today's fair value is $3.1

    Assumptions are
    1- Damages will be trebled for $340M
    2- $60M prejudgment interest
    3- Legal fees will be paid by BDX (fair under equitable relief)
    4- 65% reduction factor for tax
    4- 60% discout considering odds RVP will win appeal
    5- Additional 50% discount anyone tying cash today
    6- Company value without this verdict is 50 cents (capturing all patents, cash minus debt, 30 million share outstanding)

    Verdict fair value = $400 times 0.65 times 0.6 times 0.5 = $78 million or $2.6

    Fair price = $2.6 plus 50 cents = $3.1

 
RVP
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