I believe that, once this merger is done, and the merged company has been operating for a year, and the tax advantages of the merger have become evident, by September 2019, the PPS will be in the $5-$10 range, which I believe is a reasonable projection.
I know this "low" projection is not what the average penny stock investor wants to see. But the odds of the PPS hitting $20 in the next 18 months are very low. It's not out of the question, but I see only a slim chance of that happening.
Oh, BTW, neither the FDIC nor the LT will be selling or otherwise transferring any assets to WMIH or the merged company. The basis of the merger are the NOLs.
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