253 M shares outstanding
current pps market price $.216
The valuation of the Biohaven IPO
casts a range of values for Portages ownership stake
Estimated values per share are as follows
attributable to each share of Portage stock
price of BHVN stock
$13. value $82 M. Pps $.32
$15. value. $92 M. Pps $.38
$17 value. $107 M Pps. $.43
Based upon this with Portages ownership stakes in PPL,Eyegem and Sentinen
it leads one to believe that Portages
stock is undervalued by over 50percent.
These values will display themselves when each of these companies go IPO
and establish a higher market price per share
Anyone have comments?
Recent PRTG News
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