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Re: Donotunderstand post# 480564

Friday, 11/09/2018 10:58:36 AM

Friday, November 09, 2018 10:58:36 AM

Post# of 800909
My math was off... added an erroneous RuudG dilution factor...

1.8B existing common
7.2B warrants
4.9B primary offering
1.1B equitized JPS
15.0B shares

32.0B existing common
128.2B warrants
87.2B primary offering
19.6B equitized JPS
267.0B market cap

$17.75 price per share in 2021

But...

This is combined FNMA and FMCC compared to today's market price of combine $2.60... so you still have 6-7X upside. Not bad.