I believe that investors do not understand the size of this deal. This deal is massive, a royalty steam from a US $ 5 billion business which will last 18 years. I am getting into this. The royalty is 10% of Canon's royalty which is in excess of US $ 50 million a year to IDAL of which Psiron owns 45%. Do your own figures and look at the market cap. of Psiron. The Jap's are no fools. They would not be in this if they did not think it was a goer.
PSX Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Not Held
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