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Re: ronpopeil post# 105

Saturday, 04/08/2017 10:23:58 AM

Saturday, April 08, 2017 10:23:58 AM

Post# of 428
Now we should get some movement.This will put a value on Portages ownership of Biohaven in the public market.
Since this is a late stage IPO the share price should be higher and depending upon the shares they are selling.
I notice a drop in equity ownership in Biohaven to 28 percent from the 35 percent in December and wondering if Portage will be selling some of their shares in the IPO to raise funds for thensekves.I estimate the market cap
for Biohaven will be in the $250__$350 M
Therefore Portages portion will be about one third of this spread over Portages
25o M outstanding shares. resulting in
an increase in pps. Anybody have any thoughts on this
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