Mr Cooper Group Inc (COOP)

[BBANBOB]

I guess my point is WHY would the COMPANY spend and lose the use of $580,000,000, when in fact all they have to do is to re-issue the K's and pay an annual dividend of only $23,480,000.

And other than the dividends cost each year the only cost would be what it took to register those re-issued shares with the SEC.

Smart business sound like to me,versus spending $580,000,000 dollars.

And imho one has to believe that the FUNDS themselves DIPS were heavily invested in all flavors here , so why would they cut their own noses off, and in two ways take away $580,000,000 in cash assets that in fact could be leveraged at 10/1 for 5.8 bill
AND to cut off any future divi payments they would get?


Just doesn't make any sense they would do this, NOW I have no qualm with the assertion that the COMPANY IS ABLE to do this, but being able to do something and doing it are two different things.

And when it makes absolutely no sense financially , it seems even further from what might be """ABLE""" to happen