Titan Medical Inc (TMDIF)

[frequent1]

The mazor deal was valued at 22 x earnings. Mdts ceo mentioned conservative estimates for hugo is to grow the MITG rev by 2 to 2.5%. RTGs annual rev was 8.4b. If we think sport can rival hugo in terms of potential rev then that puts a 4.6B price tag on us. I dont think mdt is playing games with titan. They want to take market share from the competition and are prepared to invest towards that goal. They spent 2.3B on R and D last year. All titan has to do is let genova do his job and move development forwards.