I would be ecstatic at face. I would be happy with an immediate return of 2x to 3x and let the market do the rest. If they price it at the $140M net valuation, I think they just ripped off the market. Not that I would expect anything else from Wells Fargo.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.