Mr Cooper Group Inc (COOP)

[iPrelude]

Eighty, again

According to
http://www.sec.gov/Archives/edgar/data/933136/000119312512344418/d392232dex995.htm (see page 16) our worthless stock deduction was 8.37 Billion:


"On March 19, 2012, WMIHC emerged from bankruptcy. Prior to emergence, WMI abandoned the stock of WMB, thereby generating a worthless stock deduction of approximately $8.37 billion which gives rise to an NOL for the current year. Under Section 382 of the Internal Revenue Code, and based on our analysis, we believe that the Company experienced an “ownership change” (generally defined as a greater than 50 percent change (by value) in our equity ownership over a three-year period) on March 19, 2012, and our ability to use our pre-change of control NOLs and other pre-change tax attributes against our post-change income was limited. The Section 382 limitation is applied annually so as to limit the use of our pre-change NOLs to an amount that generally equals the value of our stock immediately before the ownership change multiplied by a designated federal long-term tax-exempt rate. Due to applicable limitations under IRC Section 382 and a reduction of tax attributes due to cancellation of indebtedness, a portion of these NOLs were limited and will expire unused. We believe the total available and utilizable NOL carry forward at March 19, 2012 is expected to be approximately $5.96 billion. These NOLs will begin to expire in 2030. The Company’s ability to utilize the NOLs or realize any benefits related to the NOLs is subject to a number of risks."

So, all I am asking is if the 8,37 Billion are a net tax advantage or not
Also, ¿are the 5,96 Billion the finally usable part of the 8,37 Billion? so, ¿are the 5,96 Billion a net ( or not) tax advantage as well?

And finally, if this is the situation (we are talking about net tax advantages when we talk about both the 8,37 Billion and the 5,96 Billion) and in the case we receive an offer before 12/31/2012,

How many USD a share "should" we accept for our shares?

Thanks in advance