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Re: FNM500K post# 724633

Wednesday, 06/22/2022 11:39:16 PM

Wednesday, June 22, 2022 11:39:16 PM

Post# of 797358
Thank you. Yes. Such pessimism here.

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