.....the entire FNBCQ BK case is being revised, imo, from a Chapter 11 to a Chapter 7...........so, no previous financial data applies.............
.....the income tax refund, estimated at $105mm, is real, but will go to the FDIC if it closes the UWBKQ legal precedent case.........
.....the NOLs, for the past five operating years only equal about $500mm, tops, imo.............and the DTA value would only be about 18% of that, or $90mm......................and HANCOCK-WHITNEY BANK is, per the FDIC, the only qualified buyer of the NOLs.....................they might not even be interested unless the FDIC forces them in.........
.....so, bottom line, imo, is $4 per...................in a couple of years..................and that's the BEST CASE............aimho......NOLs might come in much lower...................
