RE:RE:RE:LOM Exit ValueBecton acquired Edward Science for 4.2 billion. This brings 900 million in sales per year. This is a purchase price 4.6 times sales.
CSTD market sales volume is 1 to 1.5 billion annually, depending on what report you read.
From what I have heard there is no other product like our CSTD out there. Along with a very good inexpensive safety syringe and the new guide attachment, wouldn't you think we are worth 4 billion?
And yes that would give us $100.00 share value by my calculations.
But I'm no expert. I only take what I read and try to make my calculations on what I've heard. Add in a bit of wishful thinking and this is what I come up with.
Hopefully we get some more insight on Monday and great news.