Mr Cooper Group Inc (COOP)

[survivor Spain]

Yes, and he seems to be pretty right... it's likely going to be more than $20B NOl

... the problem I see with the NOL tax benefits is that this is a worthy asset only in case of a buyout by a company that is significantly profitable. ... there aren't that many companies these days in good conditions to "have to pay $B" in taxes over the next years. Only companies in such situation would take full benefit of it.

Therefore it is a very valuable asset but not so much as other like king-cash, tangible real state or stakes in worthy subsidiaries ..these have value even in case of exiting BK without buyout.

.. maybe I am wrong but it's the way I see it.

Cheers.