InvestorsHub Logo
Followers 122
Posts 8884
Boards Moderated 0
Alias Born 10/05/2004

Re: hotlinktuna post# 155

Sunday, 06/18/2017 12:40:42 PM

Sunday, June 18, 2017 12:40:42 PM

Post# of 428
I am sure management will provide clarity soon. Management is not incompetent. After all, they were smart enough to acquire 6.3 million+ shares of Biohaven at rock bottom prices. Additionally, they also have positions in other companies like Sentien which just announced enrollment for their drug. Sentien is a very promising company imo that is not even being mentioned. I think the disconnect is from many investors not understanding/realizing the connection between PTGEF and Biohaven and some unsure of what management will do with the large amount of shares they are holding. Honestly, i would like to see a small reverse split (1/10 or 1/20), and either a disposition of biohaven shares whereby shareholders would get biohaven shares via a dividend (ptgef would then drop to a lower level now that they no longer have biohaven shares and then management can rebuild again by investing in other companies) and/or selling a few million biohaven shares, give us a little dividend and then use the rest of the money to buy into other companies. Just selling 1-2 million shares could get them about $30-$50 million in cash. I am sure they would put it to good use.

"Don't worry about the world coming to an end today. It's already tomorrow in Australia"

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PRTG News