InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,751.07
(
0.90%
)
US TECH 100
19,476.00
(
1.10%
)
Dow Jones
42,352.75
(
0.81%
)
Brent Oil
77.97
(
0.00%
)
Bitcoin
61,899.75
(
-0.28%
)
Post# of 8307
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

loginusername

Send PM Follow Ignore
Followers 1
Posts 387
Boards Moderated 0
Alias Born 12/04/2008

loginusername

Re: None

Tuesday, 12/13/2011 4:24:18 PM

Tuesday, December 13, 2011 4:24:18 PM

Post# of 8307
A price of nine cents and outstanding of 1.7 mil makes the wamuq portion of the newco valued at 153 mil. Equity is 30% so the whole new wmi is being valued at about 500 million based on the wamu price.

I could do the same thing with the prfd's I guess but I'm lazy.

Right? Will this have a 500 million dollar market cap? I don't know anything about it but that seems too high.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up