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Post# of 797139
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jeddiemack

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jeddiemack

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Tuesday, 02/04/2020 10:21:34 PM

Tuesday, February 04, 2020 10:21:34 PM

Post# of 797139
From seaking alpha article

Expects Fannie to price common shares in the offering at $5 each and Freddie to price at $4.50 apiece.

Are these people off their rocker? If a 20-1 forward split.. but this is crazy nuts.

You've got entities earning 10B a year with 1B outstanding shares ?? Gives me some $10 Earnings per share price ... should yield a share price so much higher than $5...why would you ever issues shares at a multiple of 1/2?

How insanely crazy...
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