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Posted On: 05/19/2021 5:51:41 PM
Post# of 36541
Per S1 - IPO price is $9 per share..that means NGIO is valued at $900 million?
If GNBT owns 65%, then GNBT's value should be at least $585 million just reflecting NGIO's value...not including any other assets...which means GNBT's PPS should be at least $5 ($585 million divided by 115 million shares outstanding)
If GNBT owns 65%, then GNBT's value should be at least $585 million just reflecting NGIO's value...not including any other assets...which means GNBT's PPS should be at least $5 ($585 million divided by 115 million shares outstanding)
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