Mr Cooper Group Inc (COOP)

[radiumsoup]

gophilipgo had an excellent point earlier that it doesn't matter what the stated value was previously, even if we know it was "supposed to be" $25... because we don't know how many shares they were anticipating at the time, and we don't know what valuation they were using to reach that number. If there was supposed to be just 1 share, the value of the company was supposed to be $25 at emergence... if there was supposed to be 10 Billion shares, then it would have been worth $250 Billion... but we don't have that number, so relying on that $25 figure to apply to the *now* known 200MM shares is meaningless. And we can't try figuring based on their projected valuation, because it isn't known either.

It's a 3-term algebra equation with 2 variables. We can't solve it without knowing either the valuation they had in mind or the number of shares they had in mind.