Replies to post #419810 on Mr Cooper Group Inc (COOP)

[phinhead1972]

Yes, but the higher value PPS is the better so as to not over dilute the O/S.

I keep thinking about why they need to add 3bil+ shares with the upcoming vote?

Why?
1- Convertible toxic debt loan to use cash for acquisitons? KKR and CITI aren't penny stink companies, they don't need convertible toxic debt loans and bloated A/S to dump dilute conversions.

2- Use the 3bil shares to acquire companies via shares? Very possible.

3- Need bloated A/S to give exec staff preferred shares to convert to commons? Not sure.

Why the increase of 3bil shares to the A/S?
Something is up.