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rekcusdo

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rekcusdo

Re: kthomp19 post# 434116

Friday, 10/20/2017 12:50:50 PM

Friday, October 20, 2017 12:50:50 PM

Post# of 800571
But if the companies bought back the warrants, where did all that money come from?

It probably wasn't that much money, in their diluted forms.

Can Treasury sell the warrants piecemeal, to then be exercised by the buyers in chunks? No single investor would be able to afford 79.9% of a recapped FnF.

Correct me if I'm wrong as it's been a while since I've looked...but I don't believe that the Treasury can sell the warrants until 2025 or something like that. Again, I haven't looked in a while, so please correct me if I'm wrong.
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