A conversion of the JPS for Common Stocks to meet the CET1 ratio fast, as required for the release from Conservatorship, would increase the dilution of the existing shareholders to almost 97% and the target price drops to $7ps.
Who is the moron that keeps praising the plaintiffs and their allies Bradford, Pagliara, Howard, Rosner, ACG Analytics, etc?
A victory of the corrupt plaintiffs is devastating for the share price.