RE:RE:RE:RE:RE:RE:RE:There we go... Get ready for the launch tomorrow morning !
$22.5 million for 5% stake in Apicore--is what Medicure paid. In 2013, with full year earnings of $10.3mm, 10% stake would be $45mm while the entire co. is worth $450million (July, 2014.) My opinion, 1)Apicore needs Medicure more than Medicure needs Apicore. 2) Medicure got ripped off, big time. 3) I would not take Apicore's "deal" to purchase the co., valuation is way, way too high. I would wait for a much more realistic valuation