When I say $1 billion I mean total global settlement. This is all highly speculative as there is no way of knowing what the actual settlement was. The next discussion would be what is left for shareholders…
25% lawyer fees 25% for Bentham (net of lawyer fees) 22.5% for UO!P (net of lawyer fees and Bentham, hopefully our lawyers do away with this) 50% of remained to CBV 50% of remainder to UOIP
If the UO!P share gets cut out and the Bentham fees get chopped down in some way then there is huge volatility. However as it stands that would leave roughly $200-225 million for UOIP shareholders if there was a $1 billion settlement value. If the share structure was maxed out to 1.6 billion as discussed previously then that would equal to .13-.14 PPS.
Obviously if things are favorable there is a lot more upside but as I see it .10 is the bare minimum we should expect here. We will see as there are many forces at play.
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