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JOoa0ky

06/14/21 7:06 PM

#682944 RE: bradford86 #682941

The equity is unrealized until judgement day cometh.

Just like how the true value of FnF still won't be unlocked even after the capital raise is complete and FnF exits conservatorship. It will take a couple more years and probably another election cycle before that even happens...

Especially since you guys all seem to think that FnF worth is = to their core capital.

The enterprises have been building equity since september of 2019, not that anyone who posts on this board would know the difference anyway lol. The net worth sweep will go away along with the liquidation preferences of all the preferred as part of the settlement that this scotus ruling will pave the way for

Golfbum22

06/14/21 7:26 PM

#682950 RE: bradford86 #682941

Hey I agree with you!-lol

but I am expecting liq pref will be deemed gone by Scotus wording even if not directly saying liq pref


I am thinking warrants are the last bargaining chip treasury will have in the settlement coming hopefully by Sept if not sooner.

Scotus could neuter the warrants with a bulldozer approach however. We will see

this mess needs to end for all shareholders

Go FnF