Mr Cooper Group Inc (COOP)

[Civil War General]

200-million total outstanding shares in the Reorganized-WMI

Creditors get 5% (if they want it, or they get Runoff Notes)
Preferreds (WAMPQ and WAMKQ) get 65%
Commons (WAMUQ and maybe DIME) get 30%


$20 Billion NOLs gives a value per share

20,000,000,000 = $100/share (eventually in the future)
200,000,000

Then you can factor in the assets in the disclosure statement.
1.4 Billion

$1,400,000,000 = $7/share (now)
200,000,000

Some folks believe that NOLs must be evaluated at the corporate tax rate. This only shows us how much tax we save and do not have to pay for the huge profits we must get to benefit from these NOLs.
Sure, it is all about tax savings, but profits directly affect the stock price and the dividends.