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Post# of 795876
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Re: kthomp19 post# 459710

Tuesday, 05/15/2018 8:39:07 PM

Tuesday, May 15, 2018 8:39:07 PM

Post# of 795876
Check price history. Freddie was higher then Fannie before being delisted. When delisted Freddie was 1.25 and Fannie was slightly under 1.00. Currently, Fannie has $10 bil cash and Freddie has $8 . Fannie $10 bil / 1.2 = $8 per share versus Freddie has $8 bil cash $8 bil / 650 mil shares = $12 per share . That is why Freddie trading higher.
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