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contrarian bull

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contrarian bull

Re: 955 post# 441285

Friday, 12/15/2017 9:45:34 AM

Friday, December 15, 2017 9:45:34 AM

Post# of 793528


Since Treasury is not allowed to own shares, that would mean they could NEVER exercise the warrants



I'm pretty sure those warrants are transferable, so they could sell them un-exercised.

In previous bailouts the warrants were fairly priced - and usually they were sold back to the companies. In the F&F case the warrants are not fairly priced, so there is no way the companies could ever afford buy them back. They would have to be sold on the open market.

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