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DewDiligence

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DewDiligence

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Re: DewDiligence post# 95590

Friday, 05/14/2010 12:19:50 AM

Friday, May 14, 2010 12:19:50 AM

Post# of 257261
VRUS prices financing @$29/sh, raising $87.9M in net proceeds:

http://finance.yahoo.com/news/Pharmasset-Prices-Public-prnews-3110908401.html?x=0&.v=1

VRUS is now loaded with cash: about $150M less what has been burned to date during the current quarter. As previously noted, assuming the underwriter’s option is exercised, the offering of 3.7M shares will increase the number of shares outstanding by about 12%.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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