RE:Some CXR math, 2nd half Ebidta of $250.. Given how much the debt to ebitda guidance (which was already sky high) has risen, if Donnatal gets pulled it will almost become uninvestable. Pressure from competition, any investigations or fines in the Uk could easily drive this to single digits at any moment. Might be a tradeable bounce somewhere, but it will be scary for anyone to hold this in a portfolio for clients or in their own account unless its fun money they won't miss if it goes to zero. Jmho.
CookieMonster wrote: If you annualize that, gets you $500 mln. TD uses 6.5x ebitda in their piece recently. That gets you $3,250 mln. Subtract $3,300 mln. In debt, gets you ZERO. Or use midpoint guidance of $525 mln. X 7 = $3,675. Subtract debt of $3,300 = $375 mln. Equity value. That is $7 U.S. Per share