Portage market cap is $58 M 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?
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