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lodas

02/18/20 3:44 PM

#612916 RE: wamugold #612914

wamugold....lets see what the Feb 25 CC brings..I am not a corporate merger specialist, and so I can't answer your question substantively.., simply because my post was "devined" by what I have been reading and observing all these years...I remember some years ago?, an interview by a representative from KKR concerning their 600M stake in Wmih..at that time he said that Wmih was a very special entity vehicle, or something like that...I got the impression that KKR was interested in Wmih for some later purpose.. I mean, who knows what these people talk about off the record...but, 16% ownership of a supposed former "shell company", now with three acquired company, brings on suspicion of their real intentions regarding coop... we shall see soon...Lodas

BBANBOB

02/18/20 3:47 PM

#612919 RE: wamugold #612914

I know you have asked Lodas but

It is no different than a tender offer, you have the right to take the offer.

And secondly what I am suggesting they can buy IS NOT COOP, so you can KEEP all the COOP you want to keep!!!

I am suggesting that WMI MAY MAY MAY issue us shares for value in WMI which would be at that time a PRIVATE COMPANY at book value and to remain in WMI the private company you have to meet a certain criteria in BOOK VALUE to stay ib the PRIVATE CO just like they were gonna do in 2010 which at the time you HAD TO HOLD 2 MILL $$$$ WORTH of H's to be able to participate.

We did this exact same thing in our bank many years ago, they came out and made a VERY HEALTHY OFFER of 37$ a share and that was on a share that ya bought originally for 10$ and had been paid 1$ per year in divies for a period of aprox 20 yrs so for 10$ investment you got 20$ in divies over the years and a 37$ buyout offer, so in total for 20yrs 57$ or a 5.7 bagger in 20 yrs