Saturday, March 09, 2024 12:40:00 PM
The entire amount, as far as I am aware.
I don't think the implied covenant breach case will be a catalyst for price movement unless the plaintiffs appeal and succeed in getting a much higher damage award. That is both unlikely in my opinion, and would certainly happen after the election.
The election is by far the biggest catalyst on the horizon. There is a pretty widespread market belief that Trump will finish what he started in his first term when it comes to recapping and releasing FnF. That has already manifested in market prices, and I expect that to continue until the election.
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