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Re: ronpopeil post# 88

Wednesday, 03/01/2017 8:44:59 AM

Wednesday, March 01, 2017 8:44:59 AM

Post# of 443
The PPS and the people in the know
braced them selves for the drop to 35 percent ownership in Biohaven after
the $80 M funding. Investors perceived this as being a negative impact on the stock but we really gained.
value

49percent of market value before funding $130 M equals $63M

35 percent of $130 plus $80 M cash equals $210 M equals $73 M

Net Gain $10 M

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