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Wednesday, June 22, 2022 11:39:16 PM
1.8 Billion shares for both FandF x 150pps = $270 Billion Market Cap (very fair)
150pps / 5wts (bs won't happen imo I hope)
= $30 pps after bs wts
$30
$270 - $135Billion( cap raise / jp bs if it happens? it won't and doesn't need to, they can return to market get their par, but whatever)
= $135Billion ( which is a 50% dilution)
OR......
Put another way... $150/ 5wts bs = $30 /2 (50%dilution cap/ jp bs) = $15 pps
Guess what folks gov bs wts would be worth 7.2B shares x $15 = $108 Billion(plenty)
on low valuation and depending on when
There you have it.
And I was being modest with calculations. FnF are worth much more and would climb much higher from that price point.
This whole cship is fraud. And we don't need a cap raise. But we'll see.
Thanks for response.
*Disclaimer
JMO
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