Mr Cooper Group Inc (COOP)

[Desperado90]

Worst case scenario is well known here. If everything fails, then they will go to chapter 7.

Total Assets is listed at ~7B, Total Liabilities at ~$8B. The BK court will never allow for 100% payment to creditors. I project about 60% recovery to all creditors.

We 60% of $7B = $4.2B. After that its classes of shares lined up. Remember, that WAHUQ is listed as debt.

So we are left with K, P and Q.

Its easy even at 10% recovery that a big ROI.

Here's my worst case breakdown.

Creditors = 60%
WAMKQ = 10%
WAMPQ = 10%
WAMUQ = 10%
Lawyers/Accountants/Miscellaneous = 10%.

There's money to be made dude, no matter which way it goes. I look forward to the Judge's decision after then we can continue this back and forth.