Mr Cooper Group Inc fka COOP

[DarkB4Dawn]

CWG. WAMU shares were cancelled and eventually new shares in WMIH were issued. Common got crumbs, preferred got...well you know the ratios. The ~$200M and new shares in WMIH were what we had coming out of chap 11 from WMI. WMIH (trading symbol) has since changed to COOP(trading symbol)and we merged with Mr. COOPER and its Nationstar sub(s).

So if your saying former WAMU shareholders that may/might be due interest payments separate from the WMIH/COOP shares they received on any outstanding assets ostensibly owed/owned... not being the "tell" as paraphrased, OK.

But considering WMIH now COOP is what was given out and obviously some sold the shares, don't you think that the core assets (if any) would follow the company and they are not under obligation to pay out stock holder equity in WMIH(now COOP)?

I know others have suggested adjustments/shares/payola etc...

Not throwing any stones at you or anyone for the position, just trying to understand the premise/thought if you feel like answering.