Replies to post #447778 on Fannie Mae-No Politics (FNMA)

[kthomp19]

Currently Fannie has about 1.15 billion shares outstanding and Freddie has 650 million, for a total of 1.8 billion.

Upon exercise of the warrants Treasury would basically get 4x that, or 7.2 billion. $100B / 7.2B = $13.89, right at the top end of the Moelis estimate.

[Donotunderstand]

My bad I round the 1.2 B current to 1B and thus used 4B