The Holding Company, WMIH should be very cash rich due to JPM and their $500 Billion brag, and FDIC's indemnification demands related to Globic.
WMIH is Private and owned by UQ's.
> What If <
1. WMIH bought out RKT (~$34.5 cap) with a all cash offer of $40 billion.
2. WMIH mergers RKT into COOP.
3. COOP gives each UQ holder one COOP for ten UQ, by 125 million new COOP shares. ~121.5 million of the new COOP shares to UQ holders and the remainder remains at COOP. 200 million COOP shares outstanding (125 + 75).
> Numbers <
Combined Capitulations of RKT and COOP; ~$34.5B + ~$3.25B = $37.75B
$37.75/.2 = $188.75 new COOP share price.
Work for you JWW?
WMIH/UQ is tooo cash rich. I pay taxes on cash. I would rather have some investments also.