Mr Cooper Group Inc (COOP)

[Polemarchos_Megas]

Guys emotions are up, that is understandable given these circumstances.

however, we should not turn on each other, not now!

Joinder letter is in the making, 1000+ shareholders on board.
EC is silent and probably waiting for the depositions to take place before they file any further motion.

WMI's last filling to abandon equity puts the 5B in front of the judge, so she can see that there is something on the table for equity that might get utilized to pay up.

as for 2times value plus.

I think DG1 gets that from the original Ch11 filling of wamu

32B assets - 8B liabilities = 24B - 4B preferreds = 20B

+ 5,8 tax refunds = 25,8B/ 1,7 = 15,17$ /2 = Value 7,58 $

just a wag.

my calculation says.
available assets

+ 4 bill FSb deposits
+ 5.5 bill Tax refunds
+ 5 bill Boli/Coli
+ 4 bill Trups
+ 6.5 capital contributions
--
+ 25 bill


liabilities

16 Bill to reach common equity

--
- 16 bill

+ 9 Billion for commons = 9/1,7 = 5.30 $ per share

also just a wag