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JusticeWillWin

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JusticeWillWin

Re: footballref-8541 post# 468427

Wednesday, 12/07/2016 10:52:07 AM

Wednesday, December 07, 2016 10:52:07 AM

Post# of 730292
They have the right(!) to purchase 30.7 million commons from WMIH (new shares) @ $1.32 and another 30.7 million for $1.43. These do not come from the outstanding shares. They increase the outstanding shares by that number.

Explanation for warrants: http://www.investopedia.com/terms/w/warrant.asp 

 ---------------------------------------------------------  
 -    Just my personal opinion, no investment advice!    - 
 -            I am long WMIH, FNMA and FMCC              - 
 ---------------------------------------------------------

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