There are 1.8 billion shares of Fannie and Freddie combined. For simplicity, I have done the calculation for Fannie and Freddie combined. Share prices are usually around the same level.
What really matters in my calculation is the fact that the lower FnF's share prices are, the higher the dilution. It could therefore be that someone is "helping things along" as they fall.
Market Data 
Markets 
AI
