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Innovation Pharmaceuticals IPIX
(Total Views: 303)
Posted On: 02/19/2018 2:51:13 PM
Post# of 72447
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Posted By: Phteven C
Re: Drano #42117
Not following your math. First of all $500M upfront is not modest but let's roll with it.

500M less 21% tax (not counting Mass tax) = ~$400M

$400M/170M shares = $2.35/share

So you're going to give a $3-4 special dividend AND fund multiple drug platforms using a modest $2.35/share? You're good.

Go IPIX!













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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.



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