Mr Cooper Group Inc (COOP)

[ron_66271]

Total Nonsense!! 13.4 Billion New RKT Shares?!

1.215 Billion released UQ’s.

1.215*11 =13.365 Billion New RKT shares!!

MAJOR RKT share price dilution.

RKT;
Shares Outstanding; 138.4 million.


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COOP has to exceed $600 PPS for Class 19 to just get face value.


COOP and RKT isn’t the answer.



Retained Earnings and Preferred Funding is the answer.

I updated my numbers.

Retained Earnings; the end of 75/25% split.
I’m only using FJR of 1.95%
Class 19: TPS, PQ,KQ.
~2.7X.

Performance Payments;
PQ, KQ?
~2.5X.

Total;
~5.2X.



Ron