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philipmax

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philipmax

Re: loginusername post# 5063

Tuesday, 12/13/2011 5:15:49 PM

Tuesday, December 13, 2011 5:15:49 PM

Post# of 8307
I think that WAMU $153=15% of entity therefore implied entity value s/b $1 Billion. With this number ltws are worth only $1.35 at todays' conversion price?
In order for ltws to get 2.40 WAMU stock has to rise to ~$.18.

Check my math please.

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