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Tuesday, August 04, 2015 2:41:02 PM
WMI anticipates a share price of $3 soon. 3.5 x 3 = $10B (par). this will pay all escrows at par, which has been my anticipated first cash payment. They must "know" there is enough to pay par. After that dividends will be disbursed to escrow holders as illiquid assets are confirmed and sold.
If this scenario is true, AZ is right. The assets are the target. The question remains,when will this next large payment occur? Based on many factors,moving up the SH meeting,this latest test disbursement, recent smart money leaks, etc. I would say something very large could happen soon.
Did you release? If so good things are coming. Did you not release, or are you just an owner of WMIH stock? You TOO will do well. This will be the story stock of the year.
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