kthomp19 - good morning - the 250/share was the midpoint of the max potential price from a post by mrfence yesterday. This was based on no dilution. I think if you assumed 95% dilution a target of 7 would not be unreasonable.
$FNMA earnings were over $12.50 per share 2019 so with PE ratio between 10 and 30 that's $125.00 to $375.00 per share like Apple only we're bigger and sell Real Estate Loans while Apple sells electronic junk yah throw away. Who really needs them?
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