RE:NDN to sell all ?
TT was sold for $200 million or just over $4 per $1 of sales.
The remaining 2 divisions have sales of about $240 million and are much more profitable than TT.
But, ignoring margins and profitability,if the remaining two divisions were put up for sale, they would generate about $950 million ( $240 X $4 ) in any sale.
Thats $15 per share along with the $5+ in cash already on hand.
That could be a quick double from here.
The remaining two businesses are cash cows extraordinaire.
And, its a very good bet thats exactly what will happen
Read more at
https://www.stockhouse.com/companies/bullboard/t.ndn/nordion-inc?postid=21728259#67SXLMUIOvYK825d.99