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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Not following your math. First of all $500M upfron

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Post# of 72446
(Total Views: 298)
Posted On: 02/19/2018 2:51:13 PM
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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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