Mr Cooper Group Inc (COOP): "They have the right(!) to purchase 30.7...

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Re: JusticeWillWin post# 468428

Wednesday, 12/07/2016 3:38:27 PM

Wednesday, December 07, 2016 3:38:27 PM

"They have the right(!) to purchase 30.7 million commons from WMIH (new shares) @ $1.32 and another 30.7 million for $1.43. These do not come from the outstanding shares. They increase the outstanding shares by that number."

"These do not come from the outstanding shares."

Does this mean: Current shareholders,(you/me),just had our share value diluted (robbed) by 15% ??

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