Mr Cooper Group Inc fka COOP

[oniro3363]

It's dilution with VALUE.

When I think of dillution...it's a company that is issuing stock to raise capital....with no real benefit to existing shareholders.

Now when I look at COOP RKT deal....I see 700 million shares being offered in exchange for profitable company,that is roughly valued at 6-7 billion. For easy math I will work with 7 billion.

7 billion /700 million shares being issued for the purchase equals 10.00 per share. On top of that there will be a savings of appr 400 million per year .

So IMO...dilution is very minor issue. More important is the long term value...I ran it by Grok,and it had some interesting things to say about the long term benefits of the partnership. I will post it later.