Unilens Vision (fka UVIC)

[ghmm]

I haven't sat down and done a DCF but I think there would have to be a non-trivial amount of royalty income in 2016 and beyond (when the last adjustment occurs to the royalty) for the present value of the royalty to be worth more then the current share price. Since I sold out my thinking was/is there is very little to nothing coming from the royalty when the patents end. So one is left with the underlying business which from the PR looked negative. I am not sure what Baker Street Capital sees perhaps they have more insight into the royalty or see something I am missing?