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Re: None

Friday, 10/05/2012 11:46:15 AM

Friday, October 05, 2012 11:46:15 AM

Post# of 730579
Perhaps...







WMIH @ $2.30 has a Market Capitalization of $1.91B. As of the end of last quarter, they had $1.54B in net cash & securities. They also just purchased a San Fransisco building (for their headquarters), which according to their filings is worth $272M. That gives their actual business a value of only $98.4M.

To put in “per share” terms…. $2.30 is stock price, but they have $1.86 in net cash and another .33 in their building value.Oops..its not WMIH..its Zynga Poker..if online poker is legal and if Zngya actually goes in partnership with casinos. worth a look at this price.

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