Replies to post #810238 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

So your math (paper napkin) is

227$ if left untouched

45 if warrants are. Converted??

[JSmith5]

This value is calculated with no delusion of the common stock outstanding.

No - it was delusional as it shows no warrant exercise that increases the stock outstanding.

That being said, as I mentioned before, as this is going to be set up closer to a utility, the P/E of Duke Energy is 19.

Nats